BTC

BITCOIN (BTC) at upper TL resistance.

Watch the mirrored measurement of the lowest daily candle tail (red arrow) mirrored to top of structure (marked with red arrow and dotted red TL).

Resistance points are first the white TL just overhead (rail of the wicks), then the tail mirror (red), then blue (key Fib resistance) and then ultimately the 78,646.00-79,037.00 area.

At each key resistance break upside, bring timeframe down (5 min for example) and watch for price to pull back to what was previously resistance now support for continuation.

Please note, as price moves in to the next time frame (as it is now) the blue resistance and all Fibs represented will fade and a new Fib structure will be charted.