At decision point on 50 MA, RSI nearly 'oversold'. Looking for a 12345 correction from the symmetrical triangle pattern.
Possible breakdown to previous trend line as shown, reaching the 261.8% FIB.
Look for confirmations on lower time frames.
VENBTC
Possible breakdown to previous trend line as shown, reaching the 261.8% FIB.
Look for confirmations on lower time frames.
VENBTC
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Point 4 Reached: 20/2/18
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Looks like we are going to break out! New chart soon!