BTC Long : Channel Pattern X Fibonacci Levels !

12 apr 2022

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 !