BTC still heading to potential reversal zone $5,500 to $5,600
Dear all,
As explained in previous analysis, my target for a potential reversal is still the $5,600 to $5,500 area.
Why?
- Monthly fib level 0.272 from 2015 (Price/EMA100 crossing) to ATH is at $5,630
- Falling wedge support at some area around $5,600 to $5,550
Shall those levels be crossed downward I will re-open short to the $4,900 to $5,100 area.
All the Best from the Crypto Space
Alteroc
As explained in previous analysis, my target for a potential reversal is still the $5,600 to $5,500 area.
Why?
- Monthly fib level 0.272 from 2015 (Price/EMA100 crossing) to ATH is at $5,630
- Falling wedge support at some area around $5,600 to $5,550
Shall those levels be crossed downward I will re-open short to the $4,900 to $5,100 area.
All the Best from the Crypto Space
Alteroc
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