BTC/USD Future price movementsyet another modified chart of BTC/USD historical and future price movements with historical upper lower trend lines and channels and possible BTC/USD targets.
Btcusdfuture
BTCUSD SHORT 2:00 pm NYTBTCUSD has broke the trendline as espected here
in my earlier post.
Now there has been established a short channel in which BTCUSD is trading down at the moment.
The aerea 3860 must watch tomorrow. !
At that there has been 3 resistance zones comes together:
1) The upper short channel range,
2) The zone 3860 itself and
3) The broke long trendline
I think in these aerea it will decide whether short will going on
and getting stronger with more downtrend or not.
Maybe the pair manage to go out sideways and stopp the short setup
But watch out:
If BTCUSD climbs again back in the long trendchannel in blue marked
tomorrow with a jump abover 3870 aerea short is gone at once !"!"
and we are in the long aerea again.
So we have to check and wait till tomorrows trading
--This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---
Btc projections with fibonacci and rate of climb..!using the max , mean and min rate of limb and trend based fibonacci retracements, the levels marked in green are the estimations of the forward prices in bitcoins over usd...
For the projection 20th march has been chosen as C point retracement to AB in the abc retracement..!
Interesting to watch..
No plans to trade nor invest...
