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[QUOTE="speculator, post: 148705, member: 34284"] [b]Agrello VS Bitcoin Still trending Down[/b] It seems that Agrello downtrend is still valid, since on the last wave up, price failed to produce higher high. But it actually rejected the 2/1 Gann Fann trendline and 427.2% Fibonacci retracement level at 1884 satoshis. There are two downside targets / support levels to watch, the nearest is 627.2% Fibs, that is 1550 satoshis. If that support will be broken, price is likely to go lower and test next Fib support at 1377 satoshis, that is 727.2% Fibonacci level. The trend would only be able to reverse to the upside if price breaks above the 2k satoshis resistance. Otherwise bull should dominate DLT/BTC at least for the short period of time. [img]https://www.tradingview.com/x/Fj0RVZdC/[/img] [/QUOTE]
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