BTC its clear for me now

28 sept. 2018I have found something very intresting in the BTC pattern. It seems that we retrace after every uptrend back to the 0.718 zone (blue zone) of the fibonnaci levels.

Using this I have predicted the further trend of BTC.
If I use this trend, it seems we are forming a rising wedge, wich is bearish.
The target after breakdown of the wedge would be at the start of the wedge, between the two brown lines.

2 oct. 2018

Commentaire

The triangle still hold significance. BTC is now testing the lower suport line of the triangle. If this line holds, I expect an upwards movement towards the 6800 level.

If it fails, I expect a drop towards the brown support zone.