BTC - Next Lower Low
Here is an update to My Weekly BTC Post:
In this post I pointed out how our next support would be at 35.5k (0.382)
With our recent bounce this lines up perfectly with that prediction.
Our micro fib levels (49k top to 38.5k bottom) show that our lower high came in exactly at the 0.618 (which was predicted here):
This was also a perfect test of resistance as old support became new resistance (white trendline).
If the fibs levels on the micro our correct. The low on the micro fibs aligns exactly with the 0.382 of our macro trend.
We also see our 3D RSI has created a string low lower highs (red circles).
In this post I pointed out how our next support would be at 35.5k (0.382)
With our recent bounce this lines up perfectly with that prediction.
Our micro fib levels (49k top to 38.5k bottom) show that our lower high came in exactly at the 0.618 (which was predicted here):
This was also a perfect test of resistance as old support became new resistance (white trendline).
If the fibs levels on the micro our correct. The low on the micro fibs aligns exactly with the 0.382 of our macro trend.
We also see our 3D RSI has created a string low lower highs (red circles).
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