Bitcoin - Important Levels :$41100-$41500 for The Next Rise...
Hello,
We respected the forecast made at the beginning of the week.
The next important levels are those between $41170 and $41600.
This area needs to hold in order to resume a sustained rise with prices hovering around the red Max flow-lines during this early March.
(the slopes of these Flow-lines are calculated according to the mathematical principles of econophysics).
If we break these levels and explore the time-price matrix of the red rectangle, the pace of the rise could be reduced to the long-term and short-term channels of the blue Moderate Flow lines.
For the moment the time-price relationship is excellent.
To be continued...
Xavier
We respected the forecast made at the beginning of the week.
The next important levels are those between $41170 and $41600.
This area needs to hold in order to resume a sustained rise with prices hovering around the red Max flow-lines during this early March.
(the slopes of these Flow-lines are calculated according to the mathematical principles of econophysics).
If we break these levels and explore the time-price matrix of the red rectangle, the pace of the rise could be reduced to the long-term and short-term channels of the blue Moderate Flow lines.
For the moment the time-price relationship is excellent.
To be continued...
Xavier
