BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I have used an adaptation of the Simpler Options Voodoo lines to see if I could capture the movement of Bitcoin . I reoriented the Voodoo lines from a horizontal approach to one the follows the longer term trend line angle from the last big movement that seems to have affected price.

Here is a video about standard Voodoo lines are their utility:

$BTC seems to respond to these forest and fire fib lines with this new type of orientation :) I look forward with keen interest to see what it does next. I think it will move into quadrant 3.

Mar 25
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