BitcoinLong
Bullish on BTC vwap/fib analisis
-Bull flag formed
-bounced off yellow yearly vwap (examples circled)
-must cross blue monthly vwap, to confirm Bull
-daily rsi becoming oversold
-bounced off orange 0.25 Fib speed resistance fan line
Bull senario:
If resistance is broken, 90k as target.
Bear senario:
If resistance is rejected, $30-34k range target.
-bounced off yellow yearly vwap (examples circled)
-must cross blue monthly vwap, to confirm Bull
-daily rsi becoming oversold
-bounced off orange 0.25 Fib speed resistance fan line
Bull senario:
If resistance is broken, 90k as target.
Bear senario:
If resistance is rejected, $30-34k range target.
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