BTC# 86 -- 03/10/2021 Fibonacci as support and resistance!

١٠ مارس ٢٠٢١

Hello together,

Attached is my daily update on the BTC price as we do every day.

We saw a nice breakout yesterday and got sold off just before our resistance (yellow line) as mentioned yesterday. However, we found wonderful support at our Golden Pocket of the Fibonacci. Also, the 78.6% level is strong resistance for BTC. Should we close a 1h candle or even better a 4h candle above it here, it would be a very bullish sign and the indicator that we will test our old ATH.

Keep today absolutely the area between Golden Pocket and 78.6% in the eye!!!

Stay healthy!

Your Schueco / BTC Moneymaker

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