The Fib levels are working well for support and resistance levels for spot $BTC.
The market is showing a typical throwback to the trend line post-break and where the trend line matches up with the 61.8% level the intersection should find key buying interest.
For the buyers that missed the first time before the run higher, look for them to enter inside this buy zone and also look for the shorts to cover here too.
Happy trading,
Fibo
The market is showing a typical throwback to the trend line post-break and where the trend line matches up with the 61.8% level the intersection should find key buying interest.
For the buyers that missed the first time before the run higher, look for them to enter inside this buy zone and also look for the shorts to cover here too.
Happy trading,
Fibo