Bearish Continuous Part 2

The downtrend continues to the region of 23.6% Fibonacci, and may reach up to 0.0% where the strongest support of the entire LTA -1.79% , formed on 11/11/2017, is found.

The moving averages are working perfectly as resistance, where we prove that candles below the moving averages break the supports until the moment.
Feb 1

Next Goal: 6256 until 5321

Goal reached:
1 First Order at 8500 (my prediction was 7 days, but reached at 11 days)

Comment: Portuguese:

Os ursos fazem a festa...

A tendencia de baixa continua até a região de 23.6% de Fibonacci, podendo chegar até 0.0% onde se encontra o suporte mais forte de toda LTA , formado em 11/11/2017.

As médias móveis estão funcionando perfeitamente como resistência, onde comprovamos que candles abaixo das médias móveis rompem os suportes até o momento.

Próximo alvo: 6256 até 5321.

Alvos alcançados:
1 Compra em 8500 (minha estimava era 7 dias mas chegou em 11 dias)

Any updates for BTC? or XRPUSD?
reuelbr DariusKarremans
+1 Reply
reuelbr reuelbr
@reuelbr, XRP ^^
@reuelbr, Thank you!
reuelbr DariusKarremans
@DariusKarremans, Youre Welcome.

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