Will XVG resume its uptrend, find out on the next episode of Pokemon
The recent 5 wave impulse in the green for BTC could very well be simply the beginning of a 5,3,5 Zig Zag correction.
We'll see how deep this rebound breaks down, this could represent a cycle bottom for EOS
The rising wedge broke down, we'll see which fib lines hold up
Sitting on the golden ratio of both the large historical rally and the previous rally.
Seems obvious to me.
The impulse down is forming a wedge (descending)
Bear Flag, 3 touches at the top, 2 at the bottom, A(B)C(D)E
Breaks up to 5300.
Found these fractals in the last two downtrends, presuming it will repeat itself which puts us on the 3k support level. Shiver me Timbers After which confirmation I'd place my long; I would not short this but I would watch for confirmations
Bitcoin potential bottoming patterns, as well as a healthy caution of extreme low possibilities
Notice the declining angles on these wedges, we're now forming a horizontal or descending wedge which should give us some upwards momentum.
Possible IHS, BTC loves HS