arvine11

BTC possible downtrend targets?

BITSTAMP:BTCUSD   Bitcoin
This is my calculations for bitcoin in a possible downtrend.

Example:
74000 / 100 = 740
√ 740 = 27.2
27.2 - 2 = 25.2 (2=360' , 4=720' , ....)
25.2 x 25.2 = 635
635 x 100 = 63500 First support as shown from the top
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