Hello everyone, breaking the black line and then the green line, we can have these movements next. Indicators favorable to this movement are STOCHASTIC and OBV, the RSI is heading for oversold. Thanks for commenting and sharing.
עסקה פעילה
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Did not break the 38.2% of fibo, the trade is still active.
הערה
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As I said the day was really unstable, btc tried to overcome the low trend line but failed, tried to break again but with little volume, the price range between 10,500 and 10,100 are a good support area.
@hopspops, but you know, I think it will stop at 14K with smth, not breaking the main down trend
hopspops
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I bet on ~14379.56$
Ragnarok7
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@hopspops, Thanks for comment,
I agree with you , looking at your chart it looks like we have a wave 1 in the amount of $ 10.4 up to $ 11.8 and a wave 2 in $ 11.8 up to $ 11.1, we will follow to see if our expectations are confirmed, also look at the monthly chart, it scary a bit because the BTC is overbought in it.
perfido
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I don't know if we can break the trend line soon, but that would surely mean a trend change.
Ragnarok7
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@perfido, Thanks for commenting,
I agree with you but based on the Stochastic and OBV indicators (besides the EMA's that I forgot to comment on, the 9 and 26 are pointing up wanting to break the 100's) I think the probability of breaking these lines is great, maybe day 26 can be an unstable day due to the closure of btc futures contracts but I'm betting on this idea.
->prnt.sc/i7d9l9