ATH to low of 325sats= 85 days followed by 24 day bull leading up to parsnip announcement. Peaked at .618 FIB. Current downtrend at day 76 and looking like possible near-double-bottom scenario. 960sat .618 fib target roughly 20 days later.. Followed by 85 days leading to the apex of the triangle early Oct. AKA BULLSEASON. Breaking out to 1.618 of ATH and 2.618 of...
Recent bearish consolidation after BTC pump & failure to break 10K resistance. There are a few areas to look out for. Bearish sentiment over past few days could indicate drop towards 730 support or further drop towards 650. Increase in lacking volume could signal an upwards breakout to test 800 sats, confirmed channel reversal by 830 resistance test. Breakout...
Just looking at a couple trend lines and fib levels with a trend breakout either way on or by 5/4/18. Both scenarios fairly bullish due to positive market sentiment and momentum. Rookie at TA so feel free to share your thoughts. Probably wrong but hey, that's crypto.
