Resistance from Bull Market Fib Retracement and Trendline

BTC/USD COINBASE:BTCUSD

tonybrittainjones

As can be seen when a Fib Retracement is used over the Bull Market of last year the Fib 0.618 level has given resistance to the current BTC price move, also the lower trendline of the structural rising wedge formation has been rejected and price moves back under the causing the trendline to become another source of resistance.

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