BTCUSD. the correction is not finished yet
BITSTAMP, 4hr, BTCUSD chart, KST(UTC+9)
TP 1 : 8.8K
TP 2 : 7K
TP 3 : 5.8K
My analysis is based on trend lines and Fibonacci retracement.
I guess the real bottom before upward movement will be placed at 6.3K (2018-02-26).
By the mean time, I think there will be slight reversals at suggested TPs especially 7K by 2018-01-26 the date of CME closure
TP 1 : 8.8K
TP 2 : 7K
TP 3 : 5.8K
My analysis is based on trend lines and Fibonacci retracement.
I guess the real bottom before upward movement will be placed at 6.3K (2018-02-26).
By the mean time, I think there will be slight reversals at suggested TPs especially 7K by 2018-01-26 the date of CME closure
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