Aeonxiii

Aeonxiii

This week we can see a nice inverse head and shoulders formation, signaling a reversal, and again reinforcing that the bears are running out of steam at these support levels. We're encountering some resistance at fib line 0.382, but it looks like we're out of the woods with that short bearish Parabolic trend. 1 week since my last $BTC post detailing the potential...

Aeonxiii

We're currently about to touch on the 0.236 fib line with what seems to potentially be the end of a short parabolic bearish trend that began on the 17th of December (orange), with RSI also indicating that BTC is currently oversold, meaning a rally is likely - The overall long term parabolic bull trend is still intact (purple) - BTC dropping into a nice little buy...