The BTCUSD price about to bounce to the top of the channel around the level of Fib. 0.38... Short for some pips now, let see... NOTICE: I think that watching the volume and directly watching the trading scene are quite useful, we can give estimation about the buying and selling force, suitable for short and quite precise...
The BTC momentum and driving according to the trader psycho based on the Fib level (a very strong tool to analysis the natural trend of things).
I am now analyze the pattern of descending of BTC in the next several days that I mentioned in my previous post... It looks like the speed of retracement are increasing in comparison with the major retracement in Sept and mid Nov... So I think that this retracement may last up to 3~4 days, maybe. That means we don't have to wait so long, trader :) GL and TAKE...
I like simple ideas... Let chart speak for itself... *** THIS IS NOT A FINANCIAL ADVICE *** *** I JUST MERELY SHARE MY IDEAS ***