PIVXBTC look at the next couple of days, if we stay at the level and start turning up - a good sign.
Is it Elliott Waves 12345 ? May it be, now we are at the good support level, and this formation is powerful by 1H these days. 38.20%Fibonacci.
Hello, guys !
Do You think it's good re-bounce time for BTC ? We see Head & Shoulders at 4H chart and by this time frame this pattern plays good.
This analysis isn't signal of the global downtrend final but give us mid-term premise and possible. Falling - limited, growth - unlimited. Limit your risks, follow the trend.
Bitcoin moving in downtrend black channel. We touched support line of this channel and now forming right shoulder in reversal pattern - Inverse Head and Shoulders . 4450-4550 area resistance zone .
If we break our this level we can go to the resistance line of the black channel 4850 (50% level fibonacci) - 5250$ area (61.8% fibonacci level).
12H RSI - Oversold
EOSBTC Formed reversal pattern - falling wedge. Near resistance line of this wedge you can see bull flag.
Moving to the biggest volume 0.0008500 area first
Bitcoin broke the 6000 support line and found the bottom at 3200 formed a falling wedge pattern - a reversal pattern. Now we move in the ascending channel. Trading volumes are growing. At the level fibonacci 38.2% resistance level. Stochastic RSI -overbought on 4H chart. New Year rally
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