BTC Long : Channel Pattern X Fibonacci Levels !
On the 4h frame, we can see that the chart is bouncing inside an uptrend channel, and that it has now reached the high low (downtrend) of the channel, with a bullish harami pattern showing a reversal, and intersects with the golden ratio of fibonacci levels, which is 61.80 percent, and the majority of volumes are accumulated in this area, so it represents a strong support inside the channel, with the confirmation of RSI's oversold As a result, we may predict that BTC will turn bullish in the coming days, based on 80 percent of confirmations.
Best of Luck Investors !
Best of Luck Investors !
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.