I hope that we are forming an abcde kind of a char pattern. Abc d e boom we blast off. That will be the absolute best case scenario. Right now. We have been correcting you'll, be correcting for the better part of ' days, just down down down down down um yeah for 29 and more than a month, we've been correcting. How much lower are we going to go? I don't know i wish i could tell you, but i don't know i think we're going to go slightly lower first. The next noisy area is around here, so we might just drop to this area. So this is another how many percent yeah but another, maybe 15, plus more to go uh before we reach the end of the move here. But if you look over here on the stock asset, we are quite oversold. Yes on the rsi. We are also quite oversold. So i think a bounce is still when i don't know, pe, and a bounce should be expected, so yeah we're waiting for that bouncy bouncy. When are you going to be bouncing bitcoin gold yeah, we don't know so uh. We know that there was an attempt to break the skinny pink line. We would like to see things start to curve back up right, something like this curve back up. We want to see a curve back up coming for bitcoin gold against bbc. Until we see that we are not going to be rushing into anything all right, so let's move on to bitcoin gold against usd, but before that, please give this video a like.
If you enjoyed it subscribe to the channel – and let me know what you think about bitcoin gold in the comments below for big angle against usd, you know, we're hovering right under the nose of the skinny pink line. This is something that we want uh when you're hovering under the skinny incline. This means that preparations, potentially preparations, are being made to break it for good break it for real, hopefully it's, just that this is not a very clear reversal. Chart pattern. We don't really see any reversals. Yet if anything, this looks like mountain ranges, mountain one it's, like a mountain too. I think we could be coming down for a mountain tree potentially but um we are. We remain hopeful because uh, this is already a reverse descending triangle. Right, small valley, valley, 1, 32, 33, barely four belly, five po. We could be blasting off but um until we break the skinny pink line with huge volume uh, we are still not in a bull trend. Yet this is still a bear trend. We are still under the skinny pink line. Hä, so this is still a bear trend until we break convincingly we're, not gon na, be doing anything all right, uh, i guess that's it from my bike. Go technical analysis! Thank you very much for watching. I hope you enjoyed it.