BTC weekly cloud, 0.786 Fib and VPVR.

14 thg 3, 2022

The bottom of the weekly cloud, which is also 0.786 Fib, is support. I don't expect a very long red candle to 30K because of the resistance provided by the VPVR's long horizontal bars below. It's been lower highs and higher lows the past month and a half. And trending between the 0.618 and 0.786 Fibs.