We put the Fibo covering the entire BTC graph. Today BTC is clearer.
- The Fibo level 38% match points 'a' and 'd'.
- The main trend and 61.8% match and today the price touched them. And match with c-b=e-d.
- Today BTC is en the best support, match with 'e' Elliot point.
- And last but not least, the great bullish volume¡¡ of today is equivalent to the bullish volume after China's past crisis in 15/09/2017. Today in bifinexx, is the biggest highest bullish volume in the history of the BTC, in daily temporality:
https://steemitimages.com/DQmfUxo7ZJLbbuUN4HY3tkUDMPtnVNw8m1Kfob4LJevsgQw/image.png
BTC has to consolidate the 7k - 8k, and then attack the upper part of the triangle (10k) and break the main bearish trend with great volume again.
we must be careful with future resistance:
9k-10k
12k
17k
20k
I would like to know your opinion
Going by the above link, the market is still dominated by the bearish candle sticks and the current bullish candle stick has not dominated the preceding bearish candle stick. For me, a strong support has not been formed to make a reversal. And in this light, i will still further observe the market before taking a buy position.