Hello, today we can see that BTC has formed a "W" Pattern. This scenario is valid because : -it didn't retrace more than 50% of Fibonnaci - The 2nd low isn't lower or as low as the first one (didn't break the neck line or made a double bottom) -We have a divergeance on the RSI
This scenario will be valid when it will break the highest point of the last rise. The probabilities of going up are 80% (AB=CD Pattern) This scenario will be invalidated if be break the neck line
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