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Fib, trend line, price level and due for 4th wave BTCUSD - 4H
Bitcoin
Long
Fib, trend line, price level and due for 4th wave BTCUSD - 4H
By CovidScamIsAnIQTest
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Aug 13, 2017
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Aug 13, 2017
As I circled in yellow, it popups up to me as a strong support for BTCUSD. The reasons are listed below:
The fib retracement is right at .382.
price had consolidated in that area before taking off higher
trend line crosses at the same time
Elliot wave No. 4
If that happens, it will be over 20% drop. If the drop with a speed, most likely it will bounce back with power. I will be here (3154-3260) waiting...
Bitcoin (Cryptocurrency)
BTCUSD
Chart Patterns
fibnacci
Fibonacci
Wave Analysis
CovidScamIsAnIQTest
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