Critical decision point here, watch these fib channels for a strong reaction Do your own TA/research, good luck traders! I am leaning towards long, this could end the bear market :) Previous analysis:
Just a road map for you guys to reference. I drew this chart months ago and just looked at it because it came up in conversation. Here you go
I don't think anything needs to be said. Let's have some fun.
MAJOR BULLISH SIGNAL ON THE DAILY BITCOIN RETESTING PREVIOUS CHANNEL RESISTANCE FROM APR 2017 AS SUPPORT HUGE IMPLICATIONS IF PRICE STAYS ABOVE $3900 CONTINUE TO WATCH FOR VIOLATION OF TOP OF THIS CHANNEL PREVIOUS ANALYSIS 16 FEB 2019
Wow! Cautious optimism is the name of the game here. Steady progress has been made so far, can the bulls keep up this positive price action? Let's wait to find out, but with Ethereum leaning towards yet another breakout of fibonacci resistance, my gut says yes! Good luck traders
Though we fell back inside after violating the fib channel, we managed to regain our footing and continue to push for $125. Here, I would like to see us remain above $125 - $127 If Ethereum can maintain a small breakout here, it would be a very good indication of where the market could be headed next. We also had a small pump on BTC this morning, but overall...
SUCKS I WAS GONE ALL WEEK. FOR EDUCATION ONLY MUST IDENTIFY IMPULSE WAVES FASTER.
Chart is self explanatory. Look for 62% - 79% retracement.
COUPLE THIS WITH PREVIOUS CHANNEL ANALYSIS CURRENTLY LONG 3540 OPTIMAL ENTRY WAS 3400 NEXT TIME MUST BE QUICKER GOOD LUCK
Update on my last post - currently long 3540 Massive breakout potential here - $4300 +
Another strong reaction at the bottom of the fib channel. Bear Market should be done soon.