Confluence:
Elliot wave 5
RSI similar to prior bottoms
Bottom of channel
$53K prior untested support revisited
$53K =
1T MktCap
Decline to 50% Fib like prior decline
100 day MA tested as support like prior bottom
Red trendline being probed
Decline % similar to prior dip
Elliot wave 5
RSI similar to prior bottoms
Bottom of channel
$53K prior untested support revisited
$53K =
1T MktCapDecline to 50% Fib like prior decline
100 day MA tested as support like prior bottom
Red trendline being probed
Decline % similar to prior dip
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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.