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fract
7 апр 2019 г., 23:39

Bitcoin Scheme V 

Bitcoin / U.S. dollarBitstamp

Описание

Updated:
"Bitcoin Scheme IV" adjusted to fib channel

Комментарий

Zoom in to see the short-term structure in details.

Комментарий

Touching the upper line of the narrow channel. It's a good chance for a correction OR sidetrend.

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Be aware of the fact that the current price ($6900) is on 0.382 level of fib channel retracement parallel rays facing down. As the price touches them, each level is designed to transmit a reversal signal up to red ray as the maximum possible price of rollback in accordance with the fractal configuration of the initiating wave.

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Fib 21 price sequence turned out to carry heavy resistance

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similar behaviour at top

Сделка активна

Getting closer to the point of breaking the trendline

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Комментарии
IgorPorokh
@fract Buddy cool strategy. I think everything will work out. I will follow you, interesting how it will end
fract
@IgorPorokh, We’ll se how it works out.
Migueldiz
lol, old graphic but what a spoiling
LotusTrading20
good job!
LotusTrading20
It did not touch exactly yet!
fract
@chocotraders, God bless you!
Movali123
Could you break this down for say in laymans term? Apologies for my ignorance
Movali123
The bits i'm not fully understanding is its currently on the parallel line fib levels, when you say at these points it signals a reversal. Wheres the red ray or in which direction is this to move when hitting these parallel fib zones
fract
@Movali123, Observe the ATH point and you’ll see the red ray
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