Bitcoin is rejecting at the highest point Bitcoin has reached since 2017. If this does break the highest high, I see a bullish market and typical crypto movement.
Please read below what my markups are.
Pink- Highest price point including wick
Red- Highest price point not including wick (candle)
Gold- Golden zone for Fib. retracement (in between 50% and 61.8%)
Green (trend line)- Previous trend line acting as resistance.
Rectangle zone- Supply & Demand zone on the 1hr. Also near golden zone for double confirmation of support.
Please read below what my markups are.
Pink- Highest price point including wick
Red- Highest price point not including wick (candle)
Gold- Golden zone for Fib. retracement (in between 50% and 61.8%)
Green (trend line)- Previous trend line acting as resistance.
Rectangle zone- Supply & Demand zone on the 1hr. Also near golden zone for double confirmation of support.