1 min read Fibonacci

Bitcoin short term update

Bitcoin short term update

Bitcoin
A quick followup to yesterday's post,The break from 38.2% (C) failed to make a new low and as mentioned, when this happens 61.8% (D) becomes the target. I also mentioned that a lot of the failures to make a new high/low after holding 38.2% come at 78.6%. This is exactly what they did overnight.  We are now looking for 38000 (61.8%) and as the rally continues, it should start to hold 38.2% on the setbacks to confirm the uptrend. That is the short term view.


These are the long term swing points for the other cryptocurrencies,

Bitcoin 43600

Ethereum  2750.00

Litecoin 231.00

Ripple 1.15

Dogecoin 0.416

To follow the ONE44 Analytics Crypto updates throughout the day for FREE go to..

https://payrue.chat/home.html#/room/#one44:payrue.chat

You might also like...

Jul
25
Weekly Grain/Livestock Update 7/25/24

Weekly Grain/Livestock Update 7/25/24

Overview This week's highs in August and November Soybeans were only able to get to the previous major Gann squares
15 min read
Jul
18
Weekly Grain/Livestock Update 7/18/24

Weekly Grain/Livestock Update 7/18/24

Overview Soybeans, Corn and Wheat remain under pressure and failed to get above their swing points for the week. We
13 min read
Jul
11
Weekly Grain/Livestock Update 7/11/24

Weekly Grain/Livestock Update 7/11/24

Overview Soybeans failed to hold key long term 61.8% retracements and we are now looking for 78.6%. December
13 min read
Jul
03
Weekly Grain/Livestock Update 7/3/24

Weekly Grain/Livestock Update 7/3/24

Overview August Soybeans traded down to the 1131.25 major Gann square and closed back above the 1157.00 swing
13 min read
Jun
27
Weekly Grain/Livestock Update 6/27/24

Weekly Grain/Livestock Update 6/27/24

Overview This will be the last update for the July contracts in Grains. November Soybeans are sitting on a key
16 min read