We put the Fibo covering the entire BTC graph. Today BTC is clearer.
- The Fibo level 38% match points 'a' and 'd'.
- The main trend and 61.8% match and today the price touched them. And match with c-b=e-d.
- Today BTC is en the best support, match with 'e' Elliot point.
- And last but not least, the great bullish volume¡¡ of today is equivalent to the bullish volume after China's past crisis in 15/09/2017. Today in bifinexx, is the biggest highest bullish volume in the history of the BTC, in daily temporality:
https://steemitimages.com/DQmfUxo7ZJLbbuUN4HY3tkUDMPtnVNw8m1Kfob4LJevsgQw/image.png
BTC has to consolidate the 7k - 8k, and then attack the upper part of the triangle (10k) and break the main bearish trend with great volume again.
we must be careful with future resistance:
9k-10k
12k
17k
20k
I would like to know your opinion
For me this is not the right time, you should wait at least until March to see the real price action. This is middle of the down trend, if you take but action it will take long time to take profit or even your money will stuck. Patience to wait the last bottom price and than you can start buy back again. I see use long term period ( day - week - month ), MACD indicator and history pattern that very similar with gold history. But, it's your money your call and good luck to you.