Big volatility not let build trend line older than 1 year. Most useful for next 6 month can made is 'Green" and red "red'.
Yellow trend channel is normal bearish movement. Red appendix, is critical, as can see price will move vertically down, just like did move up before end of 2017.
Triangle 1- is Gann 1/1 on last 'lowest' touch. Triangle 2 - is 2/1. Purple curve line, its price resistance.
Zone 3 is dangerous area, as its old trend line, the most revealing of the past. Cross green support trend line, will bring Bitcoin to long long term of "The Great Depression". Black MA-100 cross will confirm it, and next 2-3 days closing price will show mood of market. Here not need to use difficults indicators free of payed, just marks from history and Moving Average. It enough. #BTCdown #BTCUSD #$BTC #BTCtrend #BTCSHORT
Yellow trend channel is normal bearish movement. Red appendix, is critical, as can see price will move vertically down, just like did move up before end of 2017.
Triangle 1- is Gann 1/1 on last 'lowest' touch. Triangle 2 - is 2/1. Purple curve line, its price resistance.
Zone 3 is dangerous area, as its old trend line, the most revealing of the past. Cross green support trend line, will bring Bitcoin to long long term of "The Great Depression". Black MA-100 cross will confirm it, and next 2-3 days closing price will show mood of market. Here not need to use difficults indicators free of payed, just marks from history and Moving Average. It enough. #BTCdown #BTCUSD #$BTC #BTCtrend #BTCSHORT
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