BTC Possibilities Week Commencing 22nd Jan

Jan 21, 2018

Scenario A (red arrow): Retest the 0.5 Fib, local support and the 100 Day. If that support breaks, next one is around 200 day meeting the 0.38 fib (reb box).

If this happens, i hope it will be bitcoins last bounce before blast off.

Scenario B (green arrow): test strong resistance around 0.6 fib. a day closing within the green area would be very nice with potential to test the next resistance.

Scenario C (blue box): find support around the 100 day the .5 and just chill for a few days.

Feb 1, 2018

Note

Possibilities:

Stay in red box-> sideways accumulation

Bounce up towards .5 fib

And the one im most hopeful for, the fud continues, longer term channel, .382 fib and 200 day dont hold. we end up falling to 6800 and lower but thats too hopeful

Feb 23, 2018

Note

i like to sometimes go through my old ideas and see how theyre doing.

very cool how these retracements acted as supports and resistances.

Obviously, other factors were also impacting the moves but you couldve still made some pretty nice trades from watching these levels.