We can clearly see a double top formation occurring in the 1h graphic. We see a stochastic divergence as well but OBV indicator confirmates a down move. Lets see what happens, but i will consider patter and volume more important than the oscillator. Price will go down to 0.012052 and then i would expect a 50% conter trend move upwards.
Bitcoin has been seeing some hard days, people are losing focus and think crypto is dead? I say, think again.
I was watching BTC charts, and while looking at the weekly i notice a very Bullish Pattern, that could be the igniter of the next Bullrun.
As you can see we are looking at a huge Falling wedge wich is a bullish pattern, and if we break up ...
Quick and easy. Bearish bat pattern or Inverted head and shoulders. Likely running out of steam on the bearish bat.
But I'm interested to see if this is the turning point or if It will break up and fizzle out around 107.871 due to the fact
that sellers have not overtaken buyers.
either way, I am watching for at least the next hour or 2.
If you're looking ...
Hi Guys, we can see the market manipulation, to buy your altcoins and btc very cheap. How to see bottom and bounce:
1) FIB retristment in crypto market average bottom of correction is around 0.618 and 0.782, and it's normal. In my graph btc 0.618 = 8127
2) BTC is not going down less then MA 200 (if it breaks most investors will go out of market. MA 200 now = ...