Forwarded from Cryptoland Leaks [VIP Leaks Pool]
1) 2 main channels have accompanied us since the middle of 2017. The red one and the highest one in blue.
2) From the end of November 2017 btc -4.41% broke with extreme force the blue channel going up more and more.
3) Currently btc -4.41% has returned to the main channel, the red one.
4) I put 2 fibonacci. The main one in black, and the colored one is an extension of it.
From these 4 points:
- Now btc -4.41% could retest the red channel, which is a dynamic resistance. If it goes down, it will go into the $ 5400 area (note that in this area there are old supports and a level of fibonacci 0.5).
- Otherwise, BTC -4.41% may rise momentarily to touch fibo 0.786, or stop at the resistance (orange line).
- If BTC -4.41% falls into the blue channel, before going all-in long I would personally expect mid-March.
2) From the end of November 2017 btc -4.41% broke with extreme force the blue channel going up more and more.
3) Currently btc -4.41% has returned to the main channel, the red one.
4) I put 2 fibonacci. The main one in black, and the colored one is an extension of it.
From these 4 points:
- Now btc -4.41% could retest the red channel, which is a dynamic resistance. If it goes down, it will go into the $ 5400 area (note that in this area there are old supports and a level of fibonacci 0.5).
- Otherwise, BTC -4.41% may rise momentarily to touch fibo 0.786, or stop at the resistance (orange line).
- If BTC -4.41% falls into the blue channel, before going all-in long I would personally expect mid-March.