Short
NPXSETH 20th April, 2019 (400 sats and bearish)
1. 20 and 50 MA crossover repetition and based on the previous trend, it is likely to be bearish.
2. The bigger circle pattern seems repetitive as well and if it true, it is most likely going to form the double bottom. The previous low was at 266 sats (3.168 fib level) and we are at 400 sats, currently.
3. In continuation of the previous step, the last time, it came down almost 50% approx, however, that would be at 200 sats approx which could be possible via a quick wick, stop-loss hunt.
2. The bigger circle pattern seems repetitive as well and if it true, it is most likely going to form the double bottom. The previous low was at 266 sats (3.168 fib level) and we are at 400 sats, currently.
3. In continuation of the previous step, the last time, it came down almost 50% approx, however, that would be at 200 sats approx which could be possible via a quick wick, stop-loss hunt.
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