12/30/2017... BTC is breaking down, because of the lower trendline i believe BTC will catch on the .5 rather than the .236. The Fib retracement levels were drawn from where it really started to breakout around the 24th of Aug, The fib time cycles i struggled with a bit because if I had started from the same point nothing made sense, it was almost like it did a couple mini cycles or it did a pre-break out. So I started it where the 7 day MA went above the 77 day MA on Nov 15th, started the break down where the 7 day crossed below the 21 day... then it seemed to come together.
I'm still rather new to charting... I welcome feedback..Cheers!!
I'm still rather new to charting... I welcome feedback..Cheers!!