Bitcoin Fib and Fractal analysis.
Updated
BTC's pattern is a pure fractal which follows Fib levels like a charm. According to Fib, we'll see 6700-6800 ATH and will get correction to 4400-4600. Then is going to be a new cycle to T1, T2 targets.
Comment
Following like a charm. Comment
Expect 4400 to rebuy.Comment
Correction is going a bit longer and slower than I expect. But I'm still waiting my targets.Comment
Expect reverse and dip 4450-4500. End of triangle is close.Comment
Expecting 4700 as dip. Save entry -- 5000. Next target 9000-9500.Comment
After last unexpected rally (Chickago news) entry point moved up as well.Safe entry 5150. Dip entry -- 5000. Very dip entry 4800.
Trade closed manually
This is a good target for hodlers. Now is some time to consolidate flat market.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.