Moemony

My Opinions on BTC TREND

BITSTAMP:BTCUSD   Bitcoin
In the drawing we have two Harmonic Patterns Back to back respecting the Potential resistance zone. BTC continues it down trend for couple more weeks before we change of reversal. It is holding onto 350MA & 200MA and eventually next support will be on 200SMMA which bring about to the zone where BTC will see a reaction or impulsive trend as long as it respects the previous C on HARMONIC PATTERN and the Potential resistance zone. In the past it also reacted to 200SMMA, we may see this next year. All the best

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