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zcsniper
Jul 24, 2014 10:08 PM

1D chart breakout comparisons on the Fibonacci Circle Short

Bitcoin / U.S. dollarBitstamp

Description

Looking to see how I can use the Fib Circle in predicting future breakouts on BTCUSD. breaking out into the new zone, BTC will be moving bullish or bearish. right now we are decaying to ~600USD and might see it drop nearing $500 as for a possible flash crash. RSI is looking solid for a bullish run, but EU news is starting to injure this market.
Comments
ChartArt
Great idea. I hadn't tested the Fibonacci circle on a yearly chart so far.
zcsniper
I'm amazed, and impressed with this tool. I've been trading for awhile now and was to ignorant to try it out. I've tried it on some FOREX pairs, Altcoins and now Bitcoin, all have been accurate.
ChartArt
I only experimented with it in my first chart. Later I discovered so many patterns.

The Fibonacci circle is incredible!!! Just look what I just made:
tradingview.com/v/8CGBJXFm/


tradingview.com/v/8CGBJXFm/
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