Both TOTAL and BTC are testing the same thing today:
the Fib resistance, now on the third attempt.
Price action is coiling right under this key level, and today’s close might finally tell us which way we’re heading.
Until then, about 12 hours of speculation left: unless price decides to run both directions first (because why not, it’s crypto).
Key notes:
Fib resistance zone tested 3 times
BTC and TOTAL showing identical structures
Daily close = potential trigger
Breakout could open the path for continuation
Failure means short-term pullback or range
Bias:
Cautiously bullish, market structure still favors upside, but confirmation needs a daily close above Fib resistance.
Always take profits and manage risk.
Interaction is welcome.
the Fib resistance, now on the third attempt.
Price action is coiling right under this key level, and today’s close might finally tell us which way we’re heading.
Until then, about 12 hours of speculation left: unless price decides to run both directions first (because why not, it’s crypto).
Key notes:
Fib resistance zone tested 3 times
BTC and TOTAL showing identical structures
Daily close = potential trigger
Breakout could open the path for continuation
Failure means short-term pullback or range
Bias:
Cautiously bullish, market structure still favors upside, but confirmation needs a daily close above Fib resistance.
Always take profits and manage risk.
Interaction is welcome.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.