THE BTC AND ITS POSSIBLE CORRECTIONS BEFORE FOLLOWING WITH THE B.R.
Where are you going BTC?
Do not give much importance to the lines, which are geometric points of reference to better position me in the BTC's behavior.
The resistances are then specified, transformed into supports. (For ex. R1, S1)
I also marked with a yellow dotted line, in my opinion the strongest level (R3 / S3 USD 16,500, -)
After the ATH, he made the famous correction S2 (-40%) Although it caused a lot of discomfort in the traders and the crypto world (except for the bears or those who needed an entrance) according to my humble opium was totally necessary and healthy.
Now,
With the abbreviations PB1, PB2 and PB3 I marked the possible retracements before undertaking the bullrun towards the 20 / 21k target.
These retracements are almost impossible to be linear but will make corrective waves along the way
Zoom in the image to see it more clearly
Although in the previous charts I have been successful in the forecasts, nothing is more complex than making one 100% effective with the BTC and less in these times.
We will see how it resolves.
How always thanks for the likes, followers and messages of all.
UPDATE 08/01/2018
3 Possibles scenarios before the bullrun
PB1: USD 14.050.-
PB2: USD 12.076.-
PB3: USD 8.821.-
UPDATE 09/01/2018
UPDATE 10/01/2018
Zoom
Total chart
Thank you so much for uploading this chart. And thank you very much for your advice on trading. 80% I made Mint just watching the volume go up and up. I entered in 10 satoshis and left in 18 moments ago.
Congrats bro and thanks for reading! Good trading
The Bitcoin, of the 3 possible Pullbacks, made a stop on the PB1 forming a doji candle and what that means,
We'll see if he does the PB here but I agree that he will lateralize a bit and fall to the next PB2 pullback.
Thank you for reading.
UPDATE 21/01/2018