weslad

BTC Could this be the Turning Point!!!

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weslad Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
All based on trendlines and RSI analysis with the aids of Fibonacci retracement.

Handel aktiv:
Looking closely this sell off seems not yet over as the corrective pattern reveal potential 3000$ level.

Handel aktiv:
Bringing together the both mega corrective wave patterns of BTC. From this chart its show we are in corrective sub-wave iii.

Handel aktiv:
this is first reversal pattern we have gotten ever since the beginning of the dump.

Handel aktiv:
Another trading range has been formed for now this is between 4230$-4750$.

We await breakout from this range if we break up our target will be 5700-5900

If price break down we will see the first mega test on 4000-3850.

Handel aktiv:
This is what we have on 2day chart, we should scale up slowly through the range.

Handel aktiv:
Spotted bullish divegence

Handel aktiv:
Divergence still in play

Handel aktiv
Handel aktiv:
Price breakout from this mini-symmetrical triangle


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