IMARGINABLE's Fibception Challenge - BTC potential plan to $300K

Hello GamblingView,

If you like this idea on BTCUSDT, please boost 🚀 or drop a comment, thanky!

- OVERVIEW -

Trade the ranges/breakout/breakdown shown on the chart and keep it simple.

Prices sub-17K not worth mentioning at this point since it's not part of this plan.

- EXTRA NOTES -

Anything below 17K will mark this plan as invalid.
If price holds anywhere below 17K, I will be looking for other trading plans.
So, technically speaking, at this point 300K is the valid target, possibly a fantastic time to enter some longs just in case this plan works out.

- CONCLUSION -

  • Trade the ranges between the Golden Pockets (~0.618 -> 0.5 -> ~0.382 -> 0.5 ->~0.618 ...)
  • Anything below 17K is the invalidation point of this idea.
  • Anything above 70K could be a non-stop continuation to 300K.


Best, me.
Beyond Technical AnalysisBitcoin (Cryptocurrency)Bullish PatternsCryptocurrencyFibonaccirangetradingSupport and Resistance

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