Support found?

Good support found around the .618 fib retracement of 27/12 -> 30/12 decline & the .236 fib retracement of the 17/12 -> 22/12 decline.
Break down from channel could be a false breakout.
A break of the RSI trend line could see a pick up in bullish momentum
Could be the beginning of the 3rd wave in an elliot trend starting from 22/12 bottom.
I remain bullish but I can see the bears have some interesting analysis too at the moment. Support at 12.7 appears to be holding so far...
Chalfie24 tigerpause
These candles on the 4H chart look promising for bulls. Need the RSI to be broken
tigerpause Chalfie24
@Chalfie24, Agreed. The trendline that was holding down price from 20k (intersects with the high at 16.8) was broken today, presumably at the same time as one of the larger charts broached a key rsi level (50?). It's looking strong to my mind.
I really hope, today is important for Bitcoin
tigerpause behzad.cp
@behzad.cp, agreed - feels like a pivotal day.
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