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in #bitcoin6 years ago (edited)

short update to post below.

strong daylie divergences and cluster on the left side, that could implicate a longer consolidationtime following and maybe a preparing for a stronger bullsign.

5820 (red fibs) first stop.

waiting for next true consolidation.

wavecount broken. eqi still possible. extended bearflag parallel + fib tanking for now.

wavecount still in tact. maybe equi pattern on the 12h. so that stochrsi can cool down.
an idea of possible eliot wave movements! wave 3 can be longer. it can dip before it gets longer, but not under green zone. black downtrendline as main resistance.

daylie closing price downtrend line seems to be legit. potential bearflag or ascending triangle forming.

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