Well, as we can see, it stopped falling, and with that, based on the price action, there is a possibility the signal will reach the orange line at 7034.00 and then fall. We have a elephant foot candle from yesterday and it indicates continuity of the fall, so the value can reach 7034.00 and fall, if it continues, it should reach 7115,70 (green line) and if still...
We have see had 5 recovery attempts since Dec / 2017.
And they not overcome the previous top.
Now we are seeing an "Elephant Leg" that created a double bottom.
This can mean a return to average, and then fall to the next marked funds .. be smart
Using my "Imagined Reality", this seems like the formation of an OCO. In addition, the attraction of the 2 GAPs below helps confirm my imagination. If this happens, see:
1- Nothing is 100% in graphical analysis
2 - The fall of the asset will not be linear, there will always be "up and down".
3-As can be seen, I put a small blue line to show that the asset can...
Now the resistance to be broken is 7765.00 to continue the small high channel. The slope of the channel shows low volume of purchases. We also see that Bitcoin is walking above average, like on a tightrope. #luizdenot #Xbroker
By the theory: first he down, second he grown to next step, and the next step is bigger than maximum the last candle. and then he go to target in 8561 .. something like that, nothing is 100%.... #luizdenot #xbroker
Well, I start by saying that the "STOP" should be just under 9.36. The last candle is low, but did not break the "STOP" so there are great chances to open, fall and come back to break what might be the Point of Entry at 9.45. Occurring this and breaking the Average of 9, the target will be the closure of the GAP at 9.72. And for this to occur the low channel will...
He broke the last resistance at 7608.08, if he break up the next (orange line) at 7731.27 he made way for the 8,000, at the next resistance at 8599.78. What's more, the price is coming off from the low channel . #uizdenot #xbroker
Well, let's go to the numbers, first step to break 7618.60. Second step (read resistance) 7746.86, from then the next step (resistance) need a long leg (good money) to go there..rsrsrs ... In reality you should have already bought, as it was indicated in graphs before ... good luck .. #luizdenot #xbroker