Bollianger Bands opening up indicating further price drop.
RSI of 74 means overbought correction incoming.
around 2300 is correction level by fib 1900 after
Dangerous fib level @ 61.80% possible retractment level.
A lot of hashing power leaving network could mean further declines.
It might be dump but I am sure it will be for a short period.
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What's the source?
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using charts from cryptowat.ch pulled the low to the high from the last year on the fib levels shows the level of 61% at $1900. 61% is the most common level in traditional currency markets.
added bollianger bands to see volume,bollinagers widening could indicate fall.
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Interesting.. time will tell I guess.
Following you.
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i found you on friendtrain and am now following and upvoting you -David
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