STEEM BTC - Market cycle analysis
Showing signs that the bearish market cycle may be coming to an end by looking at moving averages, volume profiles, fibonacci speed fan and time axis fibo. The high volume in the local (horizontal) trading range could indicate an incoming trend reversal, however this would need to be confirmed by bullish price action. If the price can sustain a trend above the moving averages then I expect we may see a shift to a bullish cycle.
Not an expert, not financial advise.
Biffy
Not an expert, not financial advise.
Biffy
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