Crypto Trading 2017, page-1048

  1. 6,340 Posts.
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    I need people's opinions on TA.


    Do you start your fib retracement from #1 or #2? (the end of the fib retracement being positioned at the blue horizontal line)
    FIB.JPG

    I'm never too sure about these ones, because between #1 and #2 it has done a retrace (after it nearly hit the 0.0010000 mark). Therefore a new starting point should be used.
    However I'm inclined to use #1 because volume has never really dropped for long and thus I feel it should be treated as one consecutive run.

    Thoughts?
    Last edited by demoniaco: 26/08/17
 
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