yet another modified chart of BTC/USD historical and future price movements with historical upper lower trend lines and channels and possible BTC/USD targets.
BTCUSD has broke the trendline as espected here
in my earlier post.
Now there has been established a short channel in which BTCUSD is trading down at the moment.
The aerea 3860 must watch tomorrow. !
At that there has been 3 resistance zones comes together:
1) The upper short channel range,
2) The zone 3860 itself and
3) The broke long trendline
I think in...
using the max , mean and min rate of limb and trend based fibonacci retracements, the levels marked in green are the estimations of the forward prices in bitcoins over usd...
For the projection 20th march has been chosen as C point retracement to AB in the abc retracement..!
Interesting to watch..
No plans to trade nor invest...
