after btc hit its bottom eos starts the same behavior it seems it could pass the trend line resistance right now we have double top pattern and negative divergence in cci and some other oscillators although we need to wait till this candle close to judge about what is going to happen next, but if candles approve this double top pattern the arrows shows the way
although ma 200 in weekly time frame is a good support but since 20 march 2018 ma 200 in daily time frame became a powerful resistance and each time it came close to candles we had a crush on price. I think in march we can see another big movement in btc, if bulls be able to break this powerful resistance and ma200 daily than we can say the bear market is over but...
although I can see positive divergence but still leg down is possible
Logarithmic chart shows that in Bitfinex & Binance 5200 is a powerful support this support in exchanges which use Fiat is about 4800$, if we lose this support than god bless us all
share your Idea. I guess by the start of December 2018 bitcoin downtrend will ends. We may don't see bullrun till mid of 2019 but no more down trend is a good sign.
after hitting Ma 200 in 4h chart I think it try to breakout the triangle and move up to ichimoku lines.
cup and handle, head and shoulder both telling us after a correction it can move up...
I hope this analyze wasn't just my desire and come true.