As you can see Bitcoin is currently heading to the downside, which I believe will stop at the Fibonacci level.
This is because if Bitcoin dumps to the Fibonacci level in the next few days, it will cause Bitcoin to temporary break the current trend.
At which if Bitcoin bounces off the Fibonacci level, the spring action will be formed.
And then from there I...
I am new to using harmonic pattern tools, am I using it correctly?
And do any of you think that is a reasonable possibility for Bitcoin.
All comments will be appreciated.
Right how it appears that Bitcoin may be rejecting off the top of the channel that it is stuck in.
If it rejects, I believe that Bitcoin will fall to at least to the middle of the channel
All comments will be appreciated.
