Bitmarketperu.com
USD/PEN S/3.8647; Bitcoin $16586 Gold $1770; USOIL 88.39
EUR/USD $1.0328 COPPER $3.8537
The rally from the $15588.0 Nov 9th low has fizzled into a contraction with its resistance at the $18199.00 and support at the $15815.21 Nov 14th low.
Structurally, the pattern has the potential to run up to the $18464.27. There is a good chance that a wave C is forming now. You can see that a three wave move is complete down at the $15815.21 Nov low. From there, the crypto moved up through the Minuette Degree upper channel trend line in a possible 1-2 series.
5-minute chart: Submicro Wave (2) has retraced past the 50% 2vs1.
1-minute chart: It appears like price is finishing up a B wave of a zigzag at Miniscule Degree. Triangle forming at Nano Degree.
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