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BTC Correction After Finding Resistance
Bitcoin
Short
BTC Correction After Finding Resistance
By b_xt_r
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Updated
Dec 9, 2017
3
Dec 9, 2017
BTC looks like it wants to correct. The order books look like they are being propped up with buywalls and they aren't seeming to hold.
Volume has lowered, and the last impulsive move as tagged the 78% retracement upward from the last fall.
BTC correction zone based off of Fib extensions and Gann support zones
Dec 9, 2017
Note
That could have been the bottom:
Dec 9, 2017
Note
Dec 9, 2017
Note
Seems to be playing out nicely so far. Just testing the upper triangles support right now:
BTC
fib
Gann
short
Trend Analysis
Wave Analysis
b_xt_r
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