$ 0.08 Very important support
In the daily timeframe, we had a triangle pattern, and since we expect the price to retreat in Bitcoin in the next few days, we expected the triangle to break from the bottom, and as we can see in the chart, the failure has occurred and the fall is as likely as the base of the triangle.
Of course, for this loss, the very important support that is our PRZ point must be passed, which seems to be a difficult task.
We have $ 6.0 Fibonacci support at $ 0.08, Low Triangle Bottom Angle Support and MA200D, which in the event of a breakout will see a rapid fall to the support of 1 Fibonacci in the range of $ 0.068.
Of course, for this loss, the very important support that is our PRZ point must be passed, which seems to be a difficult task.
We have $ 6.0 Fibonacci support at $ 0.08, Low Triangle Bottom Angle Support and MA200D, which in the event of a breakout will see a rapid fall to the support of 1 Fibonacci in the range of $ 0.068.
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