Bitcoin continues to trend higher on its 4-hour time frame as it trades above a rising trend line connecting the lows since last month. Price is currently testing this support level and a bounce could take it to the resistance levels marked by the Fibonacci extension tool.
The 38.2% level is around $9,041 and the 50% level lines up with the swing high, either of which could hold as near-term ceilings. Stronger bullish pressure could take bitcoin up to the 61.8% level at $9,407 or the 78.6%…
- 77https://www.youtube.com/watch?v=wku6MGYDuPE BTC, ETH/ Technical analysis price forecast 29 jan Hello! I make Bitcoin, XRP (Ripple) & other crypto technical analysis price predictions based on charts.
- 62✅ Differences of Strong & Weak Support & Resistance Levels http://www.financial-spread-betting.com/course/support-and-resistance.html ✅ Check Mark's Premium Course: https://price-action-trading.teachable.com/ ✅ Please like, subscribe & comment if you enjoyed - it helps a lot! Drawing too many support and resistance lines. How many support and resistance lines should I place? How do we…