Whats up everyone, I hope you are all having an awesome Friday!
Here is your latest TA for the day on BTC and GNT!
GNT looks to be in a decent accumulation zone sitting at a 78.6 retracement of the previous highs, that being said altcoins do have a tendency to retrace 100% sometimes so by all means there could definitely be potential buy in spots a little lower than where it currently is so be on the lookout for those!
BTC after being rejected by the overall linear trend at the overall 38.2 fib level it had a nice bounce off of some key support levels using the 38.2 fib level of the immediate trend as a zone of support but then losing momentum at the 23.6 fib level moving back up. We are tightening up as the overall trendline moves down with BTC moving upwards hovering right around the key psychological level of 10,000$ so look for some very key resistance levels on both log and linear to either hold or break. I do speak about multiple trading opportunities in the video as well!
But by all means guys let me know what you think, all comments and suggestions are welcome and have an awesome day everyone!
Thanks again!
If you would like to watch it on YouTube here is the link here!
Disclaimer: This is not financial adivice
Intro credits to: Chill Purple
Outro Credits to: VIBE
If you like my content and wanna give me a follow I would very much appreciate it at Faded Gravity
▶️ DTube
▶️ IPFS