Bitcoin rally up to 8100 followed by retracement to 6500 in 10d
Similar behaviour with 18 Aug 2019 price action for RSI and TRIX momentum oscillator.
Similar market context - bounce after downtrend rally
Maximum peak up to:
- 8100 USD
- Similar price range of the symmetrical H&S pattern
- 0.5 FiB range
- stay below 200 EMA
Similar market context - bounce after downtrend rally
Maximum peak up to:
- 8100 USD
- Similar price range of the symmetrical H&S pattern
- 0.5 FiB range
- stay below 200 EMA