@jclcapital #Bitcoin LFG!
Next 4H candle closed and it's still well above descending resistance trendline. What a huge breakout.
First resistance has been found at the 0.382 Fibonacci retracement level. Looks like support was established at the 0.236 level before the breakout.
Can #BTC hold above ?
First resistance has been found at the 0.382 Fibonacci retracement level. Looks like support was established at the 0.236 level before the breakout.
Can #BTC hold above ?
If #BTC holds above $40k we will remain outside the descending trendline, which would be very bullish indeed
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