If the last support is not respected, downside breakout and short position
Supports and fib for determining posible buying areas
200 MA acts as a Support? a) yes, continue of the bull run to 3000 pts? b) No, if it closes some days under 200 ma start of a bear Market
. Healthy Correction . Bullish on BTC! . I am expecting a Bounce in the 21 MA and 100 MA + 38.2 Fib level. All of this should act as a consistence support (around 7500) .The 200 MA will be a heavy resistance, once broken heading towards 10 K - On the other side a break through this important support levels will lead BTC to 6800 and then heavy bounce. Hazme...
Breaking Posible fib and Falling wedge, falling to 5500 and 5300 level in a long term