Flag formed by lower degree 4 (green box) confluence with .618 and .786 fib retrace (white) + 1:1 fib extension (yellow) + long term diagonal support line
Can see price reacted to the top of the flag (cyan) suggesting significance of this flag
Bull div forming on daily
BTCUSD bull div on weekly
Very likely a strong bounce soon, at least medium term
Can see price reacted to the top of the flag (cyan) suggesting significance of this flag
Bull div forming on daily
BTCUSD bull div on weekly
Very likely a strong bounce soon, at least medium term
Comment:
Bottom likely in, perfect tag of the .705 OTE followed by Bitmain news
Comment:
Interesting to note the uptick in volume starting the day price tags the .705