CME Bitcoin Futures Retrace 2019
Building on previous chart. Fibonacci downswing retrace is now 78.6%, for the 2019 descending triangle.
- Each orange vertical line, shows a CME date that was preceded by a bounce
- The price then drops all the way back down to test the lower trendline
評論
The size of the spike in CME volume may have caused the price to overshoot the triangle slightly.
After a double top in the 4100 to 4200 area, I would expect some pullback.
評論
After wicking to the 3900 area, we should start moving down now to the lower trendline.評論
The retraces seems to be currently 90% and 78.6%:相關出版品
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