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mistahtom
Apr 15, 2019 3:14 AM

HOLO:BTC - sideway movement before the next set of impulse waves 

Description

Yellow line on volume is showing decrease selling pressure. RSI has broken the downward trend line so I am expecting HOLO to move sidway for a tad more while waiting for BTC to either: 1) rise and consolidate or 2) consolidate right now in preparation for testing 6k resistance. If the former plays out, then HOLO will break past my 1.618 fib level and set an even higher ATH. If it is the ladder, then I expect to see some resistance at 1.618 fib level. MACD is also starting bottom out.

This is not financial advice. Happy investing.
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