Daily Levels for bitcoin

٢١ ديسمبر ٢٠١٦

Someone in chat asked. This is pretty much what i have for 100 dollars up and down.

Truth of the matter is, when bitcoin got here last time it wasnt here for long both going up and down. (even down to 700) I expect some price discovery while the market fills in the blanks

٢١ ديسمبر ٢٠١٦

ملاحظة

first level hit

٢٢ ديسمبر ٢٠١٦

ملاحظة

second area hit . previous we spent alot of 'relative' time up here. wouldnt be suprised this paused somewhere in this area.

٢٢ ديسمبر ٢٠١٦

ملاحظة

second area hit . previously we spent alot of 'relative' time up here. wouldn't be surprised if this gets paused somewhere in this area.

٢٣ ديسمبر ٢٠١٦

ملاحظة

stopped where i expected it to.. i have no further guidance at these levels. i might make another idea with fib extensions.

٢٣ ديسمبر ٢٠١٦

ملاحظة

٢٦ ديسمبر ٢٠١٦

ملاحظة

i didnt plan on updating this but price bounced over the weekend exactly on the previous order block and now testing the upper now, trying to find support.

This is part of price discovery of a new range and not necessarily bearish or bullish but given the previous order block is ~ 60 dollars below and the bounce was huge, ide expect more upside potential then down.