Not much into harmonic theory, but this is a clear AB=CD pattern. Strong correlation between price action and downwards pitchfork. RSI, Stochastic, CCI, and MACD are showing signs of retreating from their overvalued status.
In short, the next few days will be in a bearish or sideways move. I'm predicting a strong correction to the median line in the next week or so
Synopsis: RSI, Stoch, MACD all point to up trend. (Strong signal) Fibonacci confirms strong levels of support (26.70) and Resistance Pitchfork showing downward and sideways trend, with price on the median. Fib arcs show upcoming resistance zones (counting one we just entered) I labeled the action reaction lines to help better understand what I was and am...
My data miner is showing high probability, based on last 20 years, of VOD going up Longterm neutral Andrew's Pitchfork at roughly 33.50; Shortterm schiff's pitchfork bullish (and below price action); Showing strong support/resistance at fibonacci levels ActionReaction showing a downtrend yet realized that should end around 4/22. Fib Arcs showing strength by...
-Fib resistance arcs from the high point of $316.04 to $220 show where bitcoin should have and did find support on the way down, especially the arch channel between .382 and .5. According to where I placed my arches, bitcoin should find a some sort of rally near the end of April into early May. -Fibonacci retracement levels from $207.70 to $307.15 show us some...
Very accurate support and resistance right at fib. arc intersections. 3 proven S/R, wonder if the 4th and 5th will follow through.