Bitcoin (BTC) - Flow down in short 5-waves.

in #bitcoin7 years ago

This charts is Bitcoin (BTC) of virtual-coin. Only the downward trend is trading.

  • 10-Minute Candle Chart

The 15-day moving average line has been broken strongly on the chart and downward trending.

The Red lines expect a rebound in the resistance line.

Fibonacci of resistance-line is less than 50%.

I think that it will flow down in 5-waves of Blue lines.

Continuously breaking at the inflection point of the trend-lines of Green lines.

If I trading, it will approach in three division of Red-lines.

Disclaimer: This post is a personal idea, not an investment idea. The transaction is a small transaction, so please enjoy it. It is your responsibility to invest, and you should be aware of subjective judgments and technical analysis to make investments.