Bitcoin XABCD Pattern (Fibonacci sequence)

Bitcoin / U.S. dollarBitstamp

Description

⋅ Apr 24, 2014 7:55 PM

I am currently trying to study the Fibonacci sequence and some patterns.
1.168 and 0.168 are one on the most important ratio's in the Fibonacci sequence.

I looked back few months ago in the BCT chart, and I saw a pattern.
I'm not sure if I am right or not.

Comments

cleber.martinelli

⋅ Jan 13, 2017 5:34 PM

study harmonic pattern, you are using wrong.
never B > X and > A.

Jakk_Daws

⋅ Apr 24, 2014 8:43 PM

I think you mean 1.618 and 0.618. :)

RomanoRnr

⋅ Apr 24, 2014 9:03 PM

Whoops! I edited aready in my comment. That's what happens if I'm looking at the charts for to many hours.