HS + FIBO with a zone between 16,5k and strong support at 20k.
Maybe we're seeing the formation of a CUP AND HANDLE formation.
Entering a new zone, how will BTC behave? Higher support and resistances with even higher volatility?
Will BTC cross that line or we'll see the usual correction? Log scale.
Looking for some confirmations in the next days.
The US$ 4,5k line has been crossed, now looking to go up. 1CnpGQxM7kX5jH3kw6HcQzAnZoCAsY6TM4
Please check the similarity of the graphic patterns on both periods. If it breaks the US$ 4,5k mark could we expect it to go up with this idea?
Projection going up to US$ 4,9k soon. BITFINEX:BTCUSD