TJ_Crypto_NL

BTC Correction 2018 VS 2014 Fiblevels

TJ_Crypto_NL Updated   
BITFINEX:BTCUSD   Bitcoin
Hi all,

I was a bit bored today so i did something i normally wont do, i used the line chart this time, and i was looking for a potential bottom using the fib top (0) and checking where a possible bottom (1) will be.
So i noticed some kinda pattern that was used in the 2014 bear correction.
I marked them with the circles.

This was the best i could make of it. :)

NOTE : This is not a call (for the bottom) this is just for infotainment and fun and maybe some educational purpose.

Lets see if it plays out or not,

Trade active:
Good afternoom peoples !

For now it still looks the same, current prices (resistance) at the 0.382 fib levels.
If fractel will be legit, we can see a correction towards $9400 levels (0.618fib)
Comment:
$9200 - $9400 did act as support here !
I have mixed feelings about this push up...

Uploaded a bear scenario yesterday you can see it here :

Trade closed: target reached

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