You are viewing a single comment's thread from:

RE: Bitcoin (BTC) Evening Update: Overnight Likely to Initiate Travel Towards 0.618 Fibonacci Level

in #bitcoin6 years ago

The upper trendline is placed from a higher to a lower point. Each day this trendline shows a figure that is around $ 140,-- lower than the day before. To get into a bulish scenario this line has to be broken.
Breaking trough it does not mean that if the second it "breaks" it is brooken. It has to stay above it for a longer period of time. (candles)

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.030
BTC 67814.76
ETH 3246.58
USDT 1.00
SBD 2.66