MOMENTUM III
Updated
So it has gone way down. The parabolic pattern is symmetrical to the previous one.
RSI show it is way bottomed. Green circles shows, again, some entry zones.
Purple boxes show a repetitive pattern.
Either up, making a new parabolic pattern, or down, reaching the prices indicated on the red arrow.
RSI show it is way bottomed. Green circles shows, again, some entry zones.
Purple boxes show a repetitive pattern.
Either up, making a new parabolic pattern, or down, reaching the prices indicated on the red arrow.
Note
Seens it is going way down. It can do a classical down Elliot pattern. and then correct going for new highsTrade closed: target reached
Seens it will reach for may to jun 21 prices 35k to 34k . RSI again oversold, normally after 2 times touching RSI criptos goes up. If economy, goes down with stocks, bitcoin will go down too.
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