Demand Zone By Year End 2014

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
322 0
If price remains in the gently down slopping channel we could find strong demand at the intersection with the top of the base line channel by year end at about $420. A break below this level could bring us to the bottom of the base line channel in the low $200 and another strong demand zone . I placed a fib structure on the RSI ( borrowed from Constance Brown, Technical Analysis for the Trading Professional) and for now RSI remains bearish and has failed to breach the .382 fib level and currently sitting on the .236 fib level.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out