Dale_G

1D BTC Prediction using Fib Methods

Short
KRAKEN:XBTUSD   Bitcoin / U. S. Dollar
Fib Spirals using a method I decided to try/make to predict bitcoin trend.

When BTC makes contact with fib spirals it will normally follow the spiral up or down the spiral trend line with an initial breakout. These breakouts will normally end up resting on a spiral trend line or fib retracement level.

I predict that BTC will bounce off one of the fib retracement levels shown above or potentially a spiral trend line /intersection. If this scenario occurs I will close my short and open long.
Comment: Note: Arrows are covering the fib spiral I believe BTC will be following.

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