CME Bitcoin Futures Retrace 2019

20 בפבר׳ 2019

Building on previous chart. Fibonacci downswing retrace is now 78.6%, for the 2019 descending triangle.

• Each orange vertical line, shows a CME date that was preceded by a bounce
  
• The price then drops all the way back down to test the lower trendline
  

24 בפבר׳ 2019

הערה

The size of the spike in CME volume may have caused the price to overshoot the triangle slightly.
After a double top in the 4100 to 4200 area, I would expect some pullback.

28 בפבר׳ 2019

הערה

After wicking to the 3900 area, we should start moving down now to the lower trendline.

9 במרץ 2019

הערה

The retraces seems to be currently 90% and 78.6%: