henrike

henrike

As you can see the HnS has been completed in the chart, I had my eyes in it for a while, but I wasn't 100%. I have in mind that we might touch down to the 0.2400 before moving up, obviously I don't believe that it will be a single smooth road to the bottom but it is very likely it will reach that mark. What about you, what do you think? Please share your comment below.

henrike

As you can see, a bearish rectangle is being formed supported but a major support line (white bottom line), I am expecting a quick drop within the next few days if the market manages to break through it previous support line between 0.3200 - 0.3150. If the market does go below that, we well be looking pretty bullish for a pair of days until we hit our Downtrend ...

henrike

I can see a head and should pattern here in the hourly chart, it looks bearish to me but it all depends weather BTC will play its card right as ALGO usually follow BTC waves.

henrike

BTC should break out either upwards or start a down trend within the news few hours, wherever the graphic goes, stay put and let's all try make the right decision.