BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Testing 5500 level
if any candle closed under 5500 then >> 5000
if any candle closed under 5000 then >> 4200

Appreciate your comments and thoughts about this Idea !

Time frames used golden ratio 0.618 as a multiplier !!
Comment: Most Likely this is the case !
in 6 days we will see bitcoin at 4200 lvl


Hahaha so funny bulls aparently think 6200 is the top xD
@filipnr1, I believe it hit final top and it is about to head south.
ErikFertsman AlphonsoElliottJr.
@AlphonsoElliottJr., Could definitely be the case. Could you share with us any technical reasons?
@ErikFertsman, Possible head and shoulders appearing on the 1hr time frame. Im currently selling at 5850.00 for about 3 days now. Due to candlestick analysis on the 5 min chart, It looks too dangerous to be buying right now. I would buy around $4700 if that price hold.
+1 Reply
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