In yesterdays post, I was expecting some move down:
https://steemit.com/bitcoin/@znog/btc-analysis-mashup-nailed-it-what-next, to around 6550... it went way down to bounce at ~6250, so we get a better buying opportunity than expected around 6400 already knowing the lower is behind!
The AO showing three or more greens in a row on the negative side usually means at least a short term uptrend, supported also by some candles, and the green Ichimoku ahead... is the target area suggested by "the guys" around 6750? We'll see... just with caution...
TomProTrader can explain this better:
https://www.tradingview.com/chart/BTCUSD/Bkz9dYsm-BTC-USD-Trading-Opportunity/
https://steemit.com/btc/@ew-and-patterns/btc-update-22-08-18
But beware we are all still expecting a big dip into 5k or even 4k!!!
WARNING! trading is a very risky thing! Don't take this as an investment advise: it is likely to be wrong and you will probably lose money if you take this seriously. If you do lose money, don't blame me or anybody else commenting, because in the end is your choice.