1. Price is swinging around 0.318 - 0.618 (fibonacci). This suggest a strong buy!
2. A clear resistance level is seen. Breaking this, means a rise.
3. RSI level is for now quite low.
I recommend to buy around 0.00035
1. Fibonacci level is between 0.318 en 0.618. Strong BUY
2. A good resistance level is seen. Breaking this level means a rise!
3. RSI level is quite low.
I recommend to buy around 0.00035, to confirm the bull.
As I looked into the chart of waves/usd, I saw a pattern that begins with a sinusoid look alike graphic and ends with a flag. As this occurs 3 times in a row, I can confirm this pattern will go on. Ofcourse waves/usd is related to bitcoin. So this means it will follow up bitcoin's downtrend, which I expected in the previous idea. SO, I expect a short on the...
I looked at the RSI of previous year around the month november and december. And there is a pattern seen.
- Drop 4-6 days (till 1-2 december)
- Little uptrend (till mid december)
- Big drop end december with a rise begin 2018.
Please notice, this is what I think. I am not responsible for your financial advisory. I hope you can see other analysis...