These are a few corrections that are eerie similar to BTCUSD today. IMO BTC will break 13.888 mid February.
However this is not financial advice and is not a recommendation to buy or short.
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Just noticed one of my indications was set to 8xMA instead of Fib BB's like the others.
Each one hits the acceleration bands and tries to hit the basis line on the FIB bollinger bands on the daily charts.
Also the correction in the middle was half as long and not a big of a wave, I had it on a 12 hour but switched to 1day because of the bands position, it is instead a sub-wave of the other charts next to it which may explain the short duration.
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SIX WEEKS OF SUPPORT, ONE WEEK
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...OF RESISTANCE
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More Key Levels/Rotation Zones... All of em'
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If we break back up above 9.222 in the next 3 days we should be okay.
Otherwise, it get stuck below support turned resistance for up to and over about two weeks.
@lemosedmirf, go ahead and short it, what do I care. In-fact why don't you bitmex it and margin trade at 100x.
I don't understand why anyone would short unless out of panic. This is an above average correction that is going to end one way or another. Why bother with a portfolio either, sell it all!