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bitcoin
Aug 3, 2018 3:23 PM

Adjusting timming 

Bitcoin / DollarBitfinex

Description

Time has passed and our previous study failed some of the timing targets, that's part of this methodology as there is a lot of harmonics market can stick with. This is a new one, with market still on a gray area below 9k.

Comment

Market got back to the old support/resistence dashed yellow curve while overlapping with the 0.786 curve holding the previous support:

Comment

Old yellow curve support is holding and looks like we are going up to test the upper yellow resistence

Comment

Break down !! Market still fully bear after failing to pass the 9k mark

Comment

Side note: you can see the big green curve halting bull progress with ultimate precision and driving it fully downward !

Comment

This area is filled with harmonics everywhere, right now bears stoped right into another one:

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