BINANCE:ETHBTC has completed full retracement since 4th December 2017. Price is currently is retesting the last support.
We are due for a bounce.
Bounce of from yearly support
Sitting on APEX of the downtrend.
EVEN IF THIS IS NOT THE BOTTOM, WE ARE DUE FOR A BOUNCE.
As much as it looks like a clear uptrend, RSI is moving down against price moving up for RVNBTC.
IT'S CALLED BEARISH HIDDEN DIVERGENCE - COMMONLY KNOWN AS BULL TRAP. MOVING DOWN TO LOWER TF WILL PRINT A BETTER PICTURE OF THE CURRENT SCENARIO.
I do not want to do over analysis on this and tried to keep it simple and on point.
I also see this small uptrend as an...
BTC Is in super tricky zone, which just bounced off of last year Sep '17 support.
This might be the bottom we are waiting for, unfortunately we do not have confirmation.
If that trend is not broken and retested as support, this last correction wave C can be further extended to July '17 support which will lead us to ~2500 range for...
Analysis based on pure PA and RSI. Trends drawn from Monthly/weekly support and resistance.
0.382 is the target for BINANCE:BNBBTC in coming weeks.
BUY ZONE in Golden Pocket is the extreme range for BNB/BTC. For now its temporary long ( correction).