TradeViewer7

TradeViewer7 Updated 

going down.

TradeViewer7 Updated 

Building on previous chart. Fibonacci downswing retrace is now 78.6%, for the 2019 descending triangle. Each orange vertical line, shows a CME date that was preceded by a bounce The price then drops all the way back down to test the lower trendline

TradeViewer7 Updated 

Every time the CME BItcoin Futures expiry date is preceded by a bounce, the price drops all the way back down to the start of that bounce. The orange vertical lines, show that this happens every time. The dotted blue vertical lines, are CME dates when there was no preceding bounce. All vertical lines are the CME Bitcoin Futures expiry dates.

TradeViewer7

Continuing from my previous chart. Fibonacci downswing retrace is always 61.8% All vertical lines are the CME Bitcoin Futures expiry dates Each orange vertical line, shows a CME date that was preceded by a bounce Following those dates (orange), there is a short retest of the recent high The price then drops all the way back down to test the start of that...

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Bearish Divergences indicate we may move to retest lower prices in the Down Channel area.

TradeViewer7

Bearish Divergences indicate we may move to retest lower prices in the Down Channel area.