BTC near term View: 18k underwater Longs, 18.5 Major Resistance

Follow up to Bigger Picture (click) which caught the top and bounce.
After consolidation in a well defined range, looks like a Breakout.
Now at some resistance which might cause a retest of the break.

Key support was tight cluster of three different fibs around 16.4k
Bulls were able to push past a very strong resistance around 17.4k
Now wading through underwater Longs trying to bail around 18k

17.9k is the key next resistance held by the gold 4.236.
18.0k will of course have psych power for longs to exit.
18.5k will be VERY STRONG, with a Genesis fib at 18,509.

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Previous Analysis:

Bình luận:

Going as expected this far.

Got to the gold 4.236 a little more

but now below again.

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Zoom IN (3 min)

fib at 17680 current support, 17908 still the resistance to surpass.

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Bình luận:

Pulling back,

But a zoom on the chart shows the PERFECT recognition of the fibs

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