GoldenCrowley

$BTC BTC USD - First time charting this graph

BITFINEX:BTCUSD   Bitcoin
So what i started off doing was mapping out the current trends, and I started noticing how it would make its way up into a closing triangle and break down from that point. After placing the triangles in, i layed over the top of a Fibonocci sequence to see if there was correlation - it seemed to fit almost perfectly with the lines I already placed. With a little math I did my best to calculate possible break down point from the current direction into the closing triangle. I expect it to touch the top trend line one more time around 6.1k before petering off and dropping to around 4.85k. Whether this chart is accurate or not... it was fun to make.
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