Based on fibs, Bitcoin seems to be supported at 50% fib retracement.
Price did touch the bottom of the channel once.
A harmonic bullish bat pattern is seen to be completed and reacted once, might be in for a retest.
RSI is increasing although price has dip back to support area multiple times.
People have been rushing to Bitcoin cash since Coinbase is offering now.
However we did not see a major drop in Bitcoin at the moment.
Looking to long upon retest of 50% or 61.8% retracement.
What do you guys think?
Price did touch the bottom of the channel once.
A harmonic bullish bat pattern is seen to be completed and reacted once, might be in for a retest.
RSI is increasing although price has dip back to support area multiple times.
People have been rushing to Bitcoin cash since Coinbase is offering now.
However we did not see a major drop in Bitcoin at the moment.
Looking to long upon retest of 50% or 61.8% retracement.
What do you guys think?