FUN/BTC
Appears to be forming the start of an A-B-C bull flag pattern. Currently on the 5th wave of the A move down. Expecting to hit support at the .618 Fib retracement line and 100 day EMA. We'll then rebound to complete the B-C moves and complete our bull flag formation. Using the Fib 1.618 Fib Extension line and a previous horizontal area of resistance we should be able to reach a target of .00000618 which would be a 30% move up over next few days. Expected break out of bull flag around April 22nd.
Appears to be forming the start of an A-B-C bull flag pattern. Currently on the 5th wave of the A move down. Expecting to hit support at the .618 Fib retracement line and 100 day EMA. We'll then rebound to complete the B-C moves and complete our bull flag formation. Using the Fib 1.618 Fib Extension line and a previous horizontal area of resistance we should be able to reach a target of .00000618 which would be a 30% move up over next few days. Expected break out of bull flag around April 22nd.
