Bounce on 7400 likely, 5k and 2.2-2.5 next stops

5 Şub 2018

Previously the two trendlines I published lacked the fibonacci retracement level. Thought to add that 5k point as potential buying area if short positions opened past below the 7300 point, though unlikely.

14 Ara 2018

İşlem kapandı: hedefe ulaştı

Just touched the lower trendline. If coinbase price is the leading indicator, we can expect a bounce here. 2950-3250 region. Also check sequentials (we are on an 8 on the 4hrly chart 7 on a 12 hrly chart) and horizontal support points (~3050).