After a great bull run the GVTBTC was falling for last 18 days but now there are some fluctuations are noticed in bearish trend specially on 8th and 9 nov which shows that the coin might move in this area sideways or there will be bullish divergence soon insha Allah, if the price action will move sideways then it might follow the cypher coz sofar it is dropped not more than 0.618 Fibonacci retracement of anchor leg and might move upto 1.27.2 to 1.414 Fibonacci extension of X to A leg which shows that it can be more bullish than the previous bull run. but it all depends on where the bears lose the control, if the priceline will be dropped more than 0.618 fib retracement of X to A leg before reaching the sell area then it might go for RSI oversold zone and format some other pattern.
Best of luck and Regards,
Atif Akbar (Moon333)
Best of luck and Regards,
Atif Akbar (Moon333)
Ordem cancelada:
Massive sell off has changed the move of GVT now it is likely to form Gartley rather than cypher I have updated new post accordingly plz follow the new one