Fibonacci Retracements for Bitfinex, Bithumb, bitFlyer in USDRed: Bithumb
Purple: bitFlyer
Green: Average of 16 BTC pairings
BTCJPY and BTCKRW converted using Forex indices. So is the 16 pairing average. Fib lines drawn from each individual peak to their troughs. Interesting to note is how closely tied bitFlyer is to Bitfinex.
So far I cannot see a correlation because it's so hard to look at.
BITHUMB
Bitcoin: analysis that will Not tell you anythingThere is no difference — will it be a breakout or a rebound...
We have major Downtrend Resistance and Support zone , Watch price action here, don't fall in bullish FOMO.
Since we break 9500 area, we confirm short-term bullish movement to Downtrend Resistance Line. Now it is a time to watch. If there is new bullish movement - you'll always have time to join it, cause Motive waves 3 usually long and wide. If this is short-term abc correction in double zig-zag, you will have time to short it.
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Good luck with your trades!