The Golden Line of Profits

BTCCHINA:BTCCNY   Bitcoin / Chinese Yuan
80 0 0
Red Trend Line: The overall global picture of where the market is going.
Blue Trend Line: Indicates sellers not having hope in a further rise of price.
Golden Line of Profits: Shows three touches (reliable), thus if penetrated I would expect a 100% move of that of which the previous move based on the historical patterns of previous dumps.
Green Trend Line: The healthy growth line.

If it does not penetrate the Golden Line of Profits before or at the apex I would expect either a 50% retracement or another touch of the Red Trend Line .
Comment: The price did not touch the golden line of profits, therefore no position was taken.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out