nosceet

Correlation support-resistance lines with correction falls.

Long
BITSTAMP:BTCUSD   Bitcoin
I traced a rational line in napierian logarithm with the averages of the year 2017 of the BTC. I noticed that when the price goes up the line, then this value of ATH becomes the support of the next fall.

Correlation in the last major corrections was right. As expected some great correction between November and December, I imagine a support and also a good point of buy.

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