In Q3 of 2013, BTC/USD printed a low of $1.00.
5 years later, the low for Q3 2017, was $1826.10.
It is now 2018 and the LOWEST Bitcoin has printed is $6k.
Even after this -49.68% loss, the $6k all time low for 2018 is +715.99% change from the 2017 year low.
Over the 22 Quarters between 2013 Q1 and today (2018 Q2):
Bitcoin has performed
a. 12 of the 22 with...
BTC wicked above weekly resistance thats been in play since Dec 2016 and bounced off of support in play as of 07/2017.
Any close or extended PA above the magenta levels increases likelihood of continuation to the upside.
Watch for open or close of new candle at these levels to determine bias.
At the time of posting the Weekly atr is turning upside...
This chart shows 3 variant apex points.
HOW TO USE THIS CHART:
A. Triangles 1, 2, and 3 can be used to identify potential support and resistance levels.
B. Bolli's serve as good reference point to plot feasibility of intra, day or swing targets, up or down, within 1d ATR.
Is your target within these ranges? Confirm logic before you 100x from price at the edge...