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Long Term Pitchfork of BTC on Bitfinex
Bitcoin
Long Term Pitchfork of BTC on Bitfinex
By raddnav
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Apr 13, 2018
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Apr 13, 2018
Long-term pitchfork with pivot on the flash crash low of $100 on 2/10/2014. Peak at $19,891 on 12/17/2017 and trough at 2/6/2017.
Price grinding along the blue 1x bottom of the pitchfork for the past two week before, before popping up to the light blue .786 Fibonacci line.
Orange down-trending line from the low on 1/17/2018, providing support for today’s candle.
Chart Patterns
Trend Analysis
raddnav
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