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krujo
11 de Jun. de 2020 18:15

BTC long term using retracements and extensions 

Bitcoin / U.S. dollarBitstamp

Descripción

Using Fibonacci extensions and retracements (also the 0.65 golden zone) I attempt to see whether BTC breaks the pattern or just keeps inside this huge triangle.
Apparently BTC likes retrace to the 0.65 level then goes to the 0.618 retrace level projected from the previous swing. This pattern has been repeatedly seen since at least 2017.
This isn't a time based prediction intent, just price levels to take account.
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