BTC double 0.382 fib level tested

23 בספט׳ 2019

Bitcoin was hold at 0.382 fib level from 2019 high which btw. confluences and is also 0.382 fib level of the ATH. The pink line being the 12-hour 200 EMA and the yellow line being the weekly 21 EMA, both of them are strong support around those levels. The weekly 21 EMA might probably soon get re-tested as it holds significant value for a bullish asset coming back down to re-test it prior heading back upwards. Currently weekly 21 EMA is at about 9360 level.