farmdve
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since Sep 20, 2017
chartpattern
trendanalysis
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After we couldn't stay at or over 5800, the next logical step is a retracement to 5450, I've marked in red the previous support, which is at a fibo level, so a strategic level. There just isn't any new news to cause it to go higher and it seems to me bulls have run out of steam. Not to mention there is an impending fork(again) where the coins essentially...
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I am by no means an expert, in fact I am new, I see a Cup and Handle, which might not actually be there, but the Head and Shoulders is quite visible. Might retrace to where the lines converge.
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I am by no means an expert, in fact I am a newbie, but while the H&S was obvious, it also kind of looks like a cup and handle to me, the outline in red.
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