Bullish Divergence appearing at the bottom of this falling wedge.
Similar setup on BTC from before on a similar falling wedge.
Expect price to retrace the move towards to the .618, although with so much bearishness lately (maybe close position at .5 fib)
To keep in mind, it would be nice if this was the bottom for BTC but i'm not claiming that's whats happening.
Similar setup on BTC from before on a similar falling wedge.
Expect price to retrace the move towards to the .618, although with so much bearishness lately (maybe close position at .5 fib)
To keep in mind, it would be nice if this was the bottom for BTC but i'm not claiming that's whats happening.