BTC bottom probably reached, bouncing up to 704
Lots of debate on this one. Just loaded up on btc as I think this was the temporary drop from the descending triangle inside a descending wedge. The height of triangle suggested bottom should be around $560. Wedge top is around $610. From there it should fire off towards next FIB level at $704
Komentarz:
Loaded up on btc at $566, close enough to bottom for my taste. target $704. stop $548
Komentarz:
Noob warning. Do not listen to me.
Komentarz:
Forgot to show RSI is oversold. Weekly's analysis of RSI also shows roughly 120 day cycles and we're in bullish cycle.
