purpurato59

On the third day

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purpurato59 Uppdaterad   
OKCOIN:BTCUSD   Bitcoin
Bears took bitcoin back to ground and now that forces seem to be on balance, the following days should bring a normal uptrend speed, framed by the 0,5 and 0,618 fibs. Thus it will take us a couple of weeks to get back to the previous peak.
Several indicators are still on the bull side and after three days, they seem to be stable.
This idea gets invalidated by any close below or above those limits.

Following the scriptures "he was buried, and he was raised on the third day"
Kommentera:
Support broken, may revisit 435 on 0,5 angle.

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