Studying some theories together here:
* High channel (plotted by the weekly chart, taking points from the start of the high in 2014)
-Ja I have been following this channel for some time - in case the top was broken and as in theory, sought an increase in the channel.
-For the meantime, he came back to test the old top of the canal and consolidate as a fund, maybe it is the beginning of this movement
** if something like the above happens, depending on when it happens it may represent a correction of 50% or 61% of that high leg from 03/2017 to here.
*** already in moving averages, would be a correction until a weekly 21 media
**** At a more "catastrophic" point would be to go back to the bottom of the previous high channel, with a correction of 78% - which coincides with the region of the top 03/2017, region that after the exceeded so far Returned To test as support - this point is next of mm200 of the diary, thing that since 2014 the price of btc has remained above.
**** all this scenario would change if the btcusd exceeded the value of 2700 being above the averages 9 and 21 of the daily chart.
* High channel (plotted by the weekly chart, taking points from the start of the high in 2014)
-Ja I have been following this channel for some time - in case the top was broken and as in theory, sought an increase in the channel.
-For the meantime, he came back to test the old top of the canal and consolidate as a fund, maybe it is the beginning of this movement
** if something like the above happens, depending on when it happens it may represent a correction of 50% or 61% of that high leg from 03/2017 to here.
*** already in moving averages, would be a correction until a weekly 21 media
**** At a more "catastrophic" point would be to go back to the bottom of the previous high channel, with a correction of 78% - which coincides with the region of the top 03/2017, region that after the exceeded so far Returned To test as support - this point is next of mm200 of the diary, thing that since 2014 the price of btc has remained above.
**** all this scenario would change if the btcusd exceeded the value of 2700 being above the averages 9 and 21 of the daily chart.
