spiral or gtfo. "Fibonacci spirals provide the optimal link between price and time analysis and are the answer to a long search for a solution to forecasting both time and price. Each point on a spiral manifests an optimal combination of price and time. Corrections and trend changes occur at all those prominent points where the Fibonacci spiral is touched on its...
OMG gearing up for some price movement. Based on last last pennant break out we should see a +100K sats run if the volume shows up to play. Stoch RSI and MACD look good. Coinciding with the FA from the OMG "news," soon to drop we will most certainly see a nice bull run of FOMO and late to the party buyers,
BTC needs a healthy retracement before the next run. Fisher indicator is signaling a down trend with RSI signaling over sold confirms a down trend. I think over the next two weeks it will bounce down to the 0.5 fib retracement before the next rally back up to the $3500 range. Huge support at $2880. Happy holding fam!
RSI indicates that BTC is over bought. Bullish volume is gone. On basic physiological instincts, I am bearish on BTC for the next two days. Once we reach the 0.5 fib retracement line we will see a bullish bounce. Happy holding fam