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NickelGrasshopper

BTCUSD - Where will a retrace happen?

Bitcoin (COINBASE:BTCUSD)  
NickelGrasshopper Atualizado   
COINBASE:BTCUSD   Bitcoin
Trend Analysis fib fibextension symmetry
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trendanalysis fib fibextension symmetry
Carolyn Boroden's book Fibonacci Trading has a chapter on using symmetry and fib extensions to establish a trade setup. So, let's try it on recent BTCUSD price action.
Comentário:
Although BTC made a very brief and failed attempt at a bounce in the 6250 area, this idea has now been invalidated. Since the monthly MacD has turned bearish, I'll post a new chart and idea with 1.0 extensions on a weekly chart.

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NickelGrasshopper
BTCUSD - Where will we bounce?
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