Before the news from China sent us tumbling we were already in a downtrend bouncing from top to bottom in a ~17h cycle. It looks like we are repeating that again. Any constructive criticism is welcome! Thank you for taking a look at my chart.
I decided to have a go at a Fiboncacci retracement to have it ripped apart by some TA Professionals. Having bounced off of the 0.618 line more than 3 times now I predict that this a pretty strong resistance and the we will test 940 before we test 872 again. I'd be very happy if you could point out some flaws in my prediction or errors in my placement in...
RUBY is a stacked EMA indicator developed among others by the nice people active in the Bitcoin Talks chat. All credit goes to them.