BTCUSDT - Fib Channel and Fib Resistance Fan
Fib channel support and resistance levels. Give a current indication as present, of probable low. For bullish momentum, key level 22,800 fib 0.382 fib Resistance Fan 0.75 (Fib fan Massive!)
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One thing that really strikes me about this chart is all the nPocs and the Gap between 21700 and 22,600. I dont know what that mean other than logical thinking. If losing 22,600 its a quick fall to the next nPoc at 21,700 heh?
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These are the nPocs going back 1000 candles on Exocharts. I got all of them. Note, not all Monthly, Weekly, daily levels are drawn! So there may be levels of support and resistance between 21,700 and 22,600 not depicted.
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This opening day is so important! Hold above 23,450 good. Same as a few days ago, the level was 23,100.
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24,400 is the new 24,100 :P working up .. Thats good (thumbs up).
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Next week above 23,800 ... That would be good. Resistance of note. Flipping that, as Ive said in previous post somewhere (posting too much!), Game over. My low of a range to .. somewhere I posted. Perfect consolidation zone.
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Well there will always be the fib resistance fan 0.75 as an ultimate support! Yeah bebeh!
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nPoc 27,300 is calling! :)
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The Gap above is as big as the gap mentioned below. As always, trade like a champ! Only you can save the day! :D
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How would I play this? Falling wedge. New idea...
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