Trendliner
Long

Trend line guides to Reversal

COINBASE:BTCUSD   Bitcoin / Dollar
187 4 2
This chart includes the last publishing. Price bounced off the first trendline .
The current trendline seems poised to attract the price to the reversal zone.
No Price Action going to happen on the next Fib down then, Straight through, No bounce? ouch.
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@Basil13,
I'm not sure I understand what you mean.
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Basil13 PRO Trendliner
@Trendliner, According to your analysis there will be no positive movement upward on the next two Fibonacci resistance Levels down.
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@Basil13,
My purpose was to just identify the price reversal zone. I think it will go back to previous levels.
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