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tradingmotives

Correction unfolding Monitor upper parallel

Bitcoin (COINBASE:BTCUSD)  
tradingmotives Updated   
COINBASE:BTCUSD   Bitcoin
Support and Resistance Pitchforks Fibonacci
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supportandresistance pitchfork fibonacci
The red Median Line has been applied to monitor a correction. The final pattern could morph into something more complex, but monitor the upper Median Line Parallel for resistance.
Comment:
MONITOR quartile support & red sliding parallel resistance
Comment:
Correction still unfolding. Note the support along the dashed red quartile. Bulls need to break > 17300 to start changing behavior
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