samthodgkinson
做多

Bitcoin testing Fib & 200 SMA

BITFINEX:BTCUSD   比特币/美元
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First time posting a TA so any comments to help me learn massively appreciate.

Have been following TA BTC for a while - big up golbug1 for all i'l learnt.

Here we have BTC pushing past a couple of key downward resistances formed through Jan and the big one formed at the start of the decline - great to see price action strong enough to not even be phased. No surprise that we've got stuck at the 9.1k level - a big Fib level which is from the ATH to what I think is now our bottom - and a level of historical price action.

Seem to be falling a bullish flag but would be amazed if we just sail past this resistance - some room up above if we do though.

Long term HODL for me.

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