BTC acting like a drunk teen at a frat party. 26 MAR Update for BITFINEX:BTCUSD by reynar

trendanalysis chartpattern waveanalysis btc bitcoin btcusd bitcoinusd bitcoinanalysis bitcoinprediction bitcoinforecast bitcoinprice bitcointrading

Basically.... This is the same chart as yesterday.
I had move the one red line so people would NOT get fooled into thinking GREEN is a go.

It is NOT a 'go'. We might still be in RED Scenario.
And after RED scenario, we hit ANOTHER critical area if it plays out.

I'm not feeling extremely hopeful right now. Volume seems down. Buyers are scattered.

Comment:

The title was extremely well chosen....

Trade active:

previous chart might still hold with the downtrend scenario.

Comment:

I thought the previous chart might play out a bit later. But it's possibly starting now. See both charts.

Comment:

4 days old chart STILL HOLDING UP this trend
#bragging

BTC encapsulation in a Fib Circle for now. Predictions on it.

Trade closed manually:

Chart may be outdated now.
Tomorrow will be a new one.

Comment:

Although resistance and support lines still hold. If you need it.

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