been playing recent days in this channel now it is on the bottom of the channel
with a potential for both remarkable pump or dump
what is your idea?
I choose the dump (:
we have witnessed good volatility these days in BTC now it needs to take a break before the election time that is equal to volatility.
and I think this election pump the BTC price.
with strong support of 200MA and a support line I expect a good upward move for this coin
the interesting point is that although BTC dropped but THETA didn't drop as much as other coins and this is a reason for strength of upward move.
it is recommended to use maximum 5x leverage for future swaps.
after a good pump I think the price touch 200MA and then drop to complete it Eliot waves ( the trend shows some bullish signs thus it may test1.618 fibo level and then drops)
note that this scenario is for short term as the timeframe is.
It is possible that bitcoin test SMA200 or 0.382 Fibonacci level in coming days specially Monday that is volatility day
note that this two levels overlap that makes them a good retracement level before continuing the pump
