$BTC $USD Horizontal on Fib or gradually moving up the channel?

19 thg 1, 2018

BTC USD Horizontal on Fib or gradually moving up the channel? Looks like we could either be on for some consolidation here with sideways movement along the fib channels. Breaking 61.8% line would indicated a potential break out upwards but it needs to be sustained above this level for some time for support to build. Or we could follow the channel shown. Problem with this channel is that the ceiling touches quite a few candles, however the floor not so many candles.