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someone514
Dec 16, 2018 4:51 PM

BTC D1 - Reversal Pattern Printing at 1.618 Ext 

Bitcoin / DollarBitfinex

Description

We broke historical trendline support in late november.

Now price is printing reversal pattern at 1.618 ext in black from a .618 retracement.
A dragon fly dogi yesterday.

Price action is forming a descending wedge as RSI flattens.


There is no obvious structural support between 2980 support and ~ 1k, so this is a price area to look closely after.

Comment

and boom.
big green day
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