kdenery

Long Term Bitcoin Fib Channel W/ 200 EMA & 50, 50 DMI

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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This should not be considered a full post/idea. Just a graph to keep an eye on. I've also mapped out a bullish scenario I find VERY unlikely, but that does look at least possible. Only fools would trade off this information.
Comment: Sorry for the brief and rough post description. I was scrambling to get this out before my major post, linked below in related.
Basically I see it as POSSIBLE, though high unlikely, thatwe are in a position similar to our first major bull run (first green circle) meaning we could be in for a a major bullish boom in the coming months if we repeat history.

Dont count on it though.
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