Lower trend line is reached, and
ma 200 props up the price.
All fibo seems on the right places.
RSI triangle looks like the same pattern as in 2014
Third wave at the peak of the price also had hit the meridian of the pitchfork so i see some possibility that 5th can make the same, so it seems like everything is on the right places for very long-term !
On this chart you can see the mirror quotes of BTC and TUSD ( BTC - yellow thick line, TUSD - blue thin line).
On the smaller time-frames - there is a clearly visible rising wedge on TUSD, which tells us about an upward movement for bitcoin near time.
Various oscillators shows the same way, on the other hand - MACD on BTC shows strong bullish convergense.
All fibo is on the places
Triangle is broken with good bullish impulse pushing up from 61.8
Macd confirms bulls intentions
Huge volume went into the coin recently
Obviously in the coming days, we will begin to observe the 3rd Elliot wave moving up to the Near targets :
I won't be wordy.
Here are some fundamental reasons for long..long..long..long... :
Lighting Network integration
Full year of the bear market
Increased volume on lows
Falling stock market
Good diversification place for whales
So there's no need to...
Market Cap $2.800.000
Available Supply 91676277
All time high $1.16
All time high date 2018-01-10 (one year ago)
Since all time high -96.78 %
MACD goes bullish
abcde RSI pattern shows strong bullish
divergence with chart's discending triangle
Stochastic is in oversold
B-bands narrowed for impulse , seems it's ready to explode