Levels of support and resistance are clear, huge move to the upside or even to the bottom. Please be careful and manage your risks.
Going forward this week, its going to be important for BTC to stay above the downwards trend line. Furthermore, It may come up to resistance in the future at these fibonacci levels. Strong momentum from the bulls will be required to get past these levels. I believe that, buying pressure is there and that although we may consolidate sideways within these levels,...
The next few days, weeks even will be very interesting in the crypto space. It will be important for BTC to hold it's support if we want to see an immediate v shape recovery and onwards with the bull run. If it fails to keep this level of support then we may consolidate for a few months before get going.
if the v shape recovery is accepted this may be the potential route to a 100k, followed by retracement.
Simple technique that I have been using whilst following ADA journey and using the FIB extension I think ADA has the potential to sky this cycle. Furthermore, if history is any indicator then we can expect a market top in October. Although, i do strongly feel that bear market this cycle will not be as harsh as previous. I except a retracement back to 4-6 $. There...