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BobRivera990
Dec 28, 2020 9:59 PM

Calm before the storm 

Bitcoin / U.S. dollarBitstamp

Description

The situation is unstable
the price fluctuates within "symmetrical triangle pattern"
ma 50 was broken after about 4 days (95 candlesticks)
There are still many levels of support
ema 50, ichimoku base line, Fibonacci level, and the triangle itself
The colored areas are related to the indicator that shows the accumulation of resistance and support levels.
These levels are: ma, ema, load 1, load 2, base, conversion, point of control (related to the last 200 candlestick trading range)
I have not published this indicator yet
In the bearish scenario, the target could be ma200

Comment

The triangle pattern, the Fibonacci surface and the Ichimoku baseline were broken
Possible target: 24,500
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