djays1.618

Till the 6-26-08, if trend holds, Why not keep to this

Long
djays1.618 Updated   
BITFINEX:BTCUSD   Bitcoin
the angle matches, assume fib spiral-height of trend resistance, Below 41 Buy, above Sell, Forget the past, fact is stranger than fiction.
Comment:
hit that red middle line,,, consider it
Comment:
I know this type of chart is not for you proper hound, so please ...yea
all else adjust the price range so the trend angle matches with the red mid-line of the triangle thingy pointing up
Comment:
so I am looking bback at my charts, this one, I was about to say I got completely wrong, but , yes,,,the original slide lower played to the bears,, and does show a strong hand, but the larger trendlines of purple are still in play,, and did form a trendline of support toward 8800. kindof
so learnings, 1. fibspiral 2.broke at halfway curve. 3 Buy bottom of spiral. 4 respect trend line price/time intervals ?
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