NCT is at support again. Previous 4 times it was at support, it has pumped to at least the .618 fib shortly after. .618 fib is around the DailyMMA20 If btc plays nice for the next few days, target: .0545 Not financial advice, just identifying a pattern.
If this breakout holds, will it create the right shoulder of this H&S once it retests the support trend line (yellow) of the ascending triangle pattern btc was in before the drop of june 3rd?
Despite calls for correction, will this mini pattern develop and bring us back up to the 8660 area?
Would it be wrong to think XVG will complete this pattern? I mean, aside from the anomaly of the buy the rumor sell the news peak and drop of the pornhub collaboration, it looks like a perfect setup for the completion of this pattern. To me at least. Also as i write this, it's volume is amongst the top on bittrex. I'm not an trader I just question a lot
wondering if this noticeable drop area has a specific name for the behavior