Long-term pitchfork with pivot on the flash crash low of $100 on 2/10/2014. Peak at $19,891 on 12/17/2017 and trough at 2/6/2017.
Price grinding along the blue 1x bottom of the pitchfork for the past two week before, before popping up to the light blue .786 Fibonacci line.
Orange down-trending line from the low on 1/17/2018, providing support for today’s candle.
Price grinding along the blue 1x bottom of the pitchfork for the past two week before, before popping up to the light blue .786 Fibonacci line.
Orange down-trending line from the low on 1/17/2018, providing support for today’s candle.