Fibonacci Sequence BTC price, and SMA 15 days to see next moves I start to study a little bit more of Fibonacci sequence and try those numbers on Bitcoin.
First, I setup a horizontal line from each Fibonacci sequence numbers as BTC price and find very interesting support and resistance levels
BNC:BLX
After that, I took the 15 days candles and put SMA with this numbers: 13, 34, 55, 89 and 144 (from Fibonacci sequence again).
The red arrow show to us that bitcoin fall to the 144 SMA level after the 13 SMA cross the 55 SMA.
And the green arrow is when 13 SMA Cross the 89 SMA and after that, Bitcoin bounce on 13 SMA to 89 SMA and stay there for a few month and then, when 13 SMA cross the 144 SMA, Bull race happen.
