AlexCater

AlexCater Updated 

I thought it would be interesting to compare the major peaks in the BTCUSD 0.10% downward trend today and look at the amount that the market retraced after each peak and trough. Overall, with one exception, the new peaks retraced to at least 0.5 on each time. The exception (in green) retraced to above 0.5 well into the 0.618 range. I think this shows a...

AlexCater

I thought it would be interesting to compare the major peaks in the BTCUSD downward trend today and look at the amount that the market retraced after each peak and trough. Overall, with one exception, the new peaks retraced to at least 0.5 on each time. The exception (in green) retraced to above 0.5 well into the 0.618 range. I think this shows a strong...