#Elf has strong support zone from starting this week and elf is very dip now.. elf's support is very hard and strong ... Elf going to pump soon... don't forget SL
Wan made the perfect support and moving up to 108%....
#BTC going down after hit with strong resistance zone between 0.618 and 0.786 Fib points, If break that that can bull till other strong resistance zone 6900. But i don't think so #bitcoin can be bull now...as you saw, support key broken in 6k and #BTC touched new low 5890.. 5400 coming my friends ...set you stop loss because #bitcoin is BEAR yet...
As i said in last analysis, 6980 was strong resistance and BTC could't break ... In my view in this move, supports point has important role, 6450 broken and 6000 zone was good...after correction and some rest, we are expected to see some fake pump below 6500 and going dump again to 5800 zone. T4 channel is new home for Bitcoin and we can see that in T4 in next 20...
#BTCUSD, In this forecast , I using triangle pattern , trend line and Fib retracement in monthly time frame, because I'm firmly believe that, monthly time frame is very important for #bitcoin...in Fibonacci yo can see in monthly ,0.618 and 0.786 point has important role until 4d 16h.... if monthly close above 7550, we can see good start for bulls again .
btc tested 2 times for break 6980 and couldn't break out that and if in next 48 hours it can't break that, btc will dump to 5k and we can see 4k soon. T2 and R2 are very important for bitcoin, if Btc stay in T2 and close daily above 7200,we can see 7600 and 7900...