BTCUSD (bfx) is bouncing upward in the red and blue channels. It looks like a push to 160% fib is possible in days ahead (over 5000 USD).
Decent support at lower end of the blue channel and the 76% fib.. resistance at the upper end of the red channel and the 162% fib
Will be watching closely on shorter term charts as we near 5000
Decent support at lower end of the blue channel and the 76% fib.. resistance at the upper end of the red channel and the 162% fib
Will be watching closely on shorter term charts as we near 5000