BTC about to break major downtrend!
Updated
BTC shows the same pattern from October 2017, also the stoch RSI signals a strong support which will very likely break the major downtrend at around $8500 and end the bear market!
If it touches the A&E neckline we have a confirmation and can expect BTC back in the $15000 range.
But I expect that it will fall down to $8000 first in the next couple of hours which would make a good entry for a long
If it touches the A&E neckline we have a confirmation and can expect BTC back in the $15000 range.
But I expect that it will fall down to $8000 first in the next couple of hours which would make a good entry for a long
Note
I've used the red circled area from October as a fractal and it is very accurate so far and assuming it will continue the pattern we should be breaking the A&E neckline in mid may Order cancelled
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