BobRivera990

Calm before the storm

BobRivera990 Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
The situation is unstable
the price fluctuates within "symmetrical triangle pattern"
ma 50 was broken after about 4 days (95 candlesticks)
There are still many levels of support
ema 50, ichimoku base line, Fibonacci level, and the triangle itself
The colored areas are related to the indicator that shows the accumulation of resistance and support levels.
These levels are: ma, ema, load 1, load 2, base, conversion, point of control (related to the last 200 candlestick trading range)
I have not published this indicator yet
In the bearish scenario, the target could be ma200
Kommentera:
The triangle pattern, the Fibonacci surface and the Ichimoku baseline were broken
Possible target: 24,500

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