Potential rise to cover GAP. Problems: The third valley was not fully completed. If the 4th wave is too big, it will hit stop loss.
If Bitcoins does not break down the current channel, it should go up to 8.000$ to test a very strong resistance. In 8.000$ we will see the Fibo 0.618 level, the 8k resistance and the 200MA resistance. Target 8.000$ Stop Loss 7,000$
DJ30 going down. Perfectly bounced to Fibbo 38.3 and got rejected. Looks like a good short opportunity
It looks like we have a bullish divergence on RSI as well as MACD. We might see a reversal although we'll see how it deals with coronavirus. Does someone agree? NASDAQ:FB