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Markapello
Jul 18, 2019 5:20 AM

Current Bitcoin Correction Eerily Similar to Previous One Short

Bitcoin / U.S. dollarBitstamp

Description

Hey guys just a little pattern, mind the green line is also support which would be at the region of 7k which proved as Resistance for some time in the 20k bitcoin correction, and later came to be a resistance line that bitcoin then bounced to 3k from.

Comment

The path is still being followed, but in a less volatile manner as I seemed to have overextended the ghost pattern somewhat and Bitcoin in general seems to be moving in a less volatile fashion :)
Comments
Bullandbeartrading
Good and clean analysis, i follow you !
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