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Alpha_Prometeo
Mar 11, 2020 12:37 PM
BTC SMALL BOUNCE
Long
COINBASE:BTCUSD
240
Bitcoin / United States Dollar
Coinbase
Description
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Mar 11, 2020 12:37 PM
The structure shows the same waves in a corrective downtrend.
A negative ADX is a sign of a range or a small bounce.
The ADX has bouced to .30 zone.
I expectect a bounce to the 8300-8400$ zone and after that, the final wave C near to 6600-6800$.
Trend Analysis
Chart Patterns
Comments
Alpha_Prometeo
⋅
Mar 11, 2020 12:54 PM
In the commentary i would say the RSI has bounced to the .30 zone.
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