Trend line guides to Reversal

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
187 4
This chart includes the last publishing. Price bounced off the first trendline .
The current trendline seems poised to attract the price to the reversal zone.
No Price Action going to happen on the next Fib down then, Straight through, No bounce? ouch.
I'm not sure I understand what you mean.
Basil13 Trendliner
@Trendliner, According to your analysis there will be no positive movement upward on the next two Fibonacci resistance Levels down.
My purpose was to just identify the price reversal zone. I think it will go back to previous levels.
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