BTC correction support and resistance 
2024-12-24
Category: None



BTC had reached the top based on the two lows on 21-Nov-2022 and 11-Mar-2024.

If we use the price 15,476 as a reference to project an angle 3 x 15.476 ~= 46.44 degree (you may also use a 45 degree), as well, using the price 38,555 to project 1.5 x 38.555 ~= 57.83 degree, they both formed a major resistance of this BTC swing.  We may find support at levels using 2x and 1x the angles projected from the 2 BTC low on the chart.