btc daily 300918

in #bitcoin6 years ago

The current short term target, marked with a dotted green line is at the upper border of the green triangle.
This is also the upper border of the blue triangle.

Interpretation:
Since the price is captured in a blue triangle, blue and orange price targets are dismissed. Just the price target of a higher order, pink, is drawn for orientation where the price might go.

Overview price targets:

  1. green : 6750
  2. orange : dismissed
  3. blue : dismissed
  4. pink : 5000