bitcoin

Adjusting timming

bitcoin Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
Time has passed and our previous study failed some of the timing targets, that's part of this methodology as there is a lot of harmonics market can stick with. This is a new one, with market still on a gray area below 9k.
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Market got back to the old support/resistence dashed yellow curve while overlapping with the 0.786 curve holding the previous support:

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Old yellow curve support is holding and looks like we are going up to test the upper yellow resistence
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Break down !! Market still fully bear after failing to pass the 9k mark
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Side note: you can see the big green curve halting bull progress with ultimate precision and driving it fully downward !
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This area is filled with harmonics everywhere, right now bears stoped right into another one:

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