Oversold for a long time, if it breaks out, it's a trend reversal
BTCUSD has major support at @6300 USD: 1. Uptrend since forever 2. 61.8 Fib since last year's lows 3. Don't uder estimate the power of the Halving Good luck
I'd be surprised ETHUSD not piking up some slack if the crypto market continues its growth.
Bullish case: TA 1. HS forming on the daily. In the next few days, if we go and retest the 6200-6300 $ levels and find support (which we have a good chance to) BTC is going to form a HS pattern which if respected could get us to the next big level of resistance @ 7100$ ( 50 EMA ) and then to 7600$. 2. RSI needs to cool off for a few more days to have room for...
Hi friends, This Elliot waves pattern might be validated if we have enough volume. Happy trading!
Hi friends, Looks like we are starting a new Elliot wave on BTCUSD. If confirmed, we should attempt to break the 12k resistance soon. But buying volume is crucial! Trade safe!