Bitcoin - where the bounce Sir?
Bitcoin 
BTC update
BTC
I was expecting an impulse Elliot Wave from here, but we ended up with an ABC downtrend which is soon finished. A bounce is to be expected.
Interesting scenario: we are reaching the diagonal support trendline from September 2017 (I don't think we crossed it yet)
and should it go through, there is also a horizontal support from November 2017 around 6k which is a stronger support zone, considering previous bounce (Feb. 6th) happened here.
This makes 2 possible scenarios for a bounce.
RSI looks like bouncing up on 30 min chart. It's a good sign but we need more volume.
No financial advice.
BTC updateBTC I was expecting an impulse Elliot Wave from here, but we ended up with an ABC downtrend which is soon finished. A bounce is to be expected.
Interesting scenario: we are reaching the diagonal support trendline from September 2017 (I don't think we crossed it yet)
and should it go through, there is also a horizontal support from November 2017 around 6k which is a stronger support zone, considering previous bounce (Feb. 6th) happened here.
This makes 2 possible scenarios for a bounce.
RSI looks like bouncing up on 30 min chart. It's a good sign but we need more volume.
No financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.