BITCOIN Holding Above 38% Fibonacci RetracementsteemCreated with Sketch.

in #bitcoin • 5 years ago

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Happy Sunday! I hope you've all had a great week. Here's a quick update as we close out the weekend...

It's been a slow weekend, but the good news is the supports have held great above the 38% Fibonacci retracement level from the low before the rally.

We're looking at some slow sloping upside, so if bulls can show up we could probably see a nice sized rally here.

Hourly volumes have been increasing for the bulls, so that's a great sign for the short term upside.

Overall, I think we'll likely see some more upside. We are defintiely still looking at the supports holding, so there's always risk poential if bears decide to show up in numbers.

Hope you've all had a great weekend!

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#ethereum #litecoin #steem #cryptocurrency
5 years ago in #bitcoin by
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     5 years ago 

    Thanks for posting the update

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     5 years ago 

    thanks so much

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       5 years ago 

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