Weekly/ Daily 38.20% fib is holding, MAS crossed over, closing in but aren't touching.
Daily/4hr SL a little above at 61.80% which is also weekly resistance 1.2500.
4hr 38.20% fib strong resistance based upon multiple closures below it.
TP -27.00% if not monthly support 1.1838.
Weekly/ Daily 38.20% fib is holding, MAS crossed over, closing in but aren't touching.
Daily/4hr SL a little above at 61.80% which is also weekly resistance 1.2500.
4hr 38.20% fib strong resistance based upon multiple closures below it.
TP -27.00% if not monthly support 1.1838.
Ascending triangle on weekly, triangle broke the flat area of resistance (monthly resistance 147.47) Weekly projected target is 170.00.
4h- fib ret to 38.20%? / MAS are open, secondary target weekly resistance 158.419.
Daily Renko - Hammer followed by Marubozu, MA's are open. TL/ weekly resistance re-tested. Target 1 is Monthly resistance 0.8100 and, second target is weekly resistance 0.8210!
As I'm sure everyone's aware bitcoin has of lately shit itself, some could have called it before the fundamental onslaught it took earlier in the week through technical analysis like i did from $4680 in #Metalpays Telegram group whilst others are biting their nails struggling to get to sleep haha. Regardless off the INV Pennant geometry within the price action we...
USDCAD has been falling from the moon. The pair found slight support but the bears totally smashed through it. USDCAD is currently trapped in consolidation zone. Once it breaks below it we could be expecting 1.9500 zone.
CHART PATTERN SHOWS A DOUBLE BOTTOM PATTERN
THE BREAKOUT LEADS TO THE PREVIOUS CONSOLIDATION RANGE
FIBONNACI SHOWCASES THE 61.8 RETRACEMENT
COMPLIMENTS THE SR ZONES
DEFENITE CONTINUATION OF SELL
FUTURE LONG OPPRUITUNITIES
Could possibly retest monthly resistance, LHs, LLs, MAs crossed and open! Monthly TL broken(strong!!!), Plus the tl retest! Target one is 108.00, this zone could possibly have some support, next target would be weekly support 106.90.
