Bitcoin reversal zone
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.88 retrace
let's see if we get a bull wick and bullish reversal
let's see if we get a bull wick and bullish reversal
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falling wedge onto the .88 with a bullish candle forming lets see if it can hold.
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false breakout nice break up from support again.
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.88 bounced lets see if we can double bottom on it
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very nice secondary bounce right where the 3 wave starts. this is a good sign and shows it to be highly probable we go for $7,100+ over the next couple days.
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A bit volatile today but I can see a clear weakening in selling pressure the bulls seem to be showing signs of taking over as we have been making higher lows all day with some signs of bullish divergence.
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and here's without the subwaves and the triangle we are making.
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Triangle broke support back on the .88 retrace kissing it right now and watching for another bounce
Falling wedge fractal
sellers are clearly loosing their grasp here very little momentum and each selling fractal gets smaller.
sellers are clearly loosing their grasp here very little momentum and each selling fractal gets smaller.
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a bit strange looking waves but I have seen worse! so lets see if this count can make some headway!
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This wave count follows along with this prediction I made of a 12345 into the ichimoku cloud
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(click on the photo above and press play)
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update!
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good morning bitcoin