Bitcoin Technical Analysis Update

in bitcoin •  7 years ago 

In previous post, I successfully estimated end of Bitcoin correction.

https://steemit.com/bitcoin/@namnabat/bitcoin-falling-is-over-elliot-technical-analysis

In this post, I show price channels of Bitcoins. The Blue price channel is main negative slope channel of Bitcoin.

The red price channel as positive slope channel is previous channel of Bitcoin before descending and correction.
The yellow channel is channel that Bitcoin now activate on it and its validation is low.

@Namnabat

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