If we look at the movements of the last weeks, we could extrapolate the trend lines on the basis of fibo under the condition that the top is around 900 USD (fibo 1). So there could be two possible trend ways up to the target 1.300 USD. it is very rough, but possible. Correction way 1 to around 575 USD. Correction way 2 to around 400 USD with a between high to 760 USD.
Let's see what happens. Happy trading. :-)
Let's see what happens. Happy trading. :-)
Note
support at 575 possible.Note
pattern failed. next big supports at 500 / 400 / 300 ...Note
Current situation in brief: we see a sideways movement down to a decision triangle. if the pattern fails, we can assume that the price will continue to fall. 
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BTCINVESTING 😃
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BTCINVESTING 😃
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BTCINVESTING 😃
---
Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
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---
BTCINVESTING 😃
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Free Telegram Channels coming soon!
Twitter: twitter.com/BTCINVESTINGcom
Entrepreneur · Trader · Investor · Crypto since 2014
Trading experience for over 30 years
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.