Here is something to take a look. BTCUSD Bitfinex analysis.
So, i've added:
Purple horizontal lines each $500
Yellow vertical lines - 9:00 am (UTC -8) NYC
Blue vertical lines - 9:00 am (UTC +5) HK
Fibonacci retracement build by
12K and 9k
Blue fib speed resistance fan from beginning of current growth trend and height of current trend
Red fib speed resistance fan from beginning of current growth trend and first height of current downtrend
What is idea, to take a look on BTC dependence of different time zones and to find accurate fibonacci.
This is just a beginning, so just copy it and leave something comments below if will find something interesting.
I'am going to share all thoughts, so stay tune!
2 words about current situation, so, i've added a 9583,7 level below which the price should not fall, but we have to keep on mind 8300-8000 level, I hope that I'm mistaken, but anyway.
GL.
Purple horizontal lines each $500
Yellow vertical lines - 9:00 am (UTC -8) NYC
Blue vertical lines - 9:00 am (UTC +5) HK
Fibonacci retracement build by
12K and 9kBlue fib speed resistance fan from beginning of current growth trend and height of current trend
Red fib speed resistance fan from beginning of current growth trend and first height of current downtrend
What is idea, to take a look on BTC dependence of different time zones and to find accurate fibonacci.
This is just a beginning, so just copy it and leave something comments below if will find something interesting.
I'am going to share all thoughts, so stay tune!
2 words about current situation, so, i've added a 9583,7 level below which the price should not fall, but we have to keep on mind 8300-8000 level, I hope that I'm mistaken, but anyway.
GL.
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