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Triangulation

Fibonacci Spirals Magic Triangulation on Bitcoin with details.First a small intro: THIS IS JUST A THEORY FOR NOW. CONSIDER THIS A TEST OF THE THEORY. I'm letting the chart on a larger scale, to expose the rather unsettling movement in the left corner. Notice how the price moved PERFECTLY between the intersection of 3 circles. It is.... scary, a bit. I came to this idea by thinking about satellites. You know how they work? 3 satellites triangulate their signal to find an intersection and 4th one is the reference. I thought: "Hey, could I apply something similar to charts?" The business part: TL;DR Based on this chart, I suspect it will either hit $7650 and bounced back. Or hit 7200$ and possibly stay there for a while, while bouncing between 7200 * 7600. OR Hit 6900 and bounce between 6900-7200 before making the next decision. The details stuff: 1) Notice how btc stayed right in between areas defined by the circles 2) Notice, at the intersetion of circles, that a new shift if bound to happen OR a hard resistance/support is being stressed. 3) Notice that EACH circle line represents a resistance or a support. 4) Notice that every new circle hit is basically a new decision to be made. If My theory is correct, we moving into another area of interest. One quite tiny and with a lot of possibilities. The direction of the exit path will dictate the next movement. I also have a new theory about how this fib circle stuff and boll bands come in play together. Can you see something? leave a comment.
COINBASE:BTCUSD
by reynar
10