zeroorez

Parabolic Advancement Decision Time

BITSTAMP:BTCUSD   Bitcoin
BTCUSD is at the confluence junction of:
  • End of Jan low and ATH 50% Fib retracement
  • Parabolic curve - this is highly subjective

  • For it to move up in the short term, It might need to find support on the curve within the next 1 - 2 days to avoid violating the parabolic advancement.
  • Breaking $43k we might see a violent move down to lower support levels.

Let's see...


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