1.618 fib and consolidation in every cycle. 80k+ by November 2021?
Made curves joining the top and bottom of the previous two cycles. Those calculating percentage difference or average may get wrong because BTC is just repeating the same cycle over and over in the hindsight
The initial target is test of ATH (20k) the moves up to 30k before the end of year.
I see this simple chart which I have drawn to get the picture of our journey to 8k. Pink box means a point of contraction where bulls will either push up the price or bears will do the opposite. *Support in black, Resistance in Red *Until we moving above blue 20 EMA. we are all good in my opinion. Disclaimer: This is not a financial advise
Hi All, I'm very new to publishing on trading ideas so I might not have lot of followers but I put my due diligence in analysis and try to keep the good quality of ideas for free. Please find the Resistance and support line for reference an also 20 EMA is key here along with the key support as marked in the chart. Initial goal is $7960-$8K The dotted arrow to...
Hi Everyone, I see this triangle pattern forming here. I also have drawn the channels where BTC can expect to make a range. I'm still expecting for bitcoin to test 7.5k and 8k area before Christmas. I hope this helps with some short term scalping. Disclaimer This is just my opinion and not financial advice.
I see a major move coming and taking us to the higher in steps to 7.9k to as high as 9k region by next year February, I am buying from 7.1k until 6.8k and then sell at First Target: 7.5k (33% srake) Second Target: 8K (33% stake) Third Target: 9.2k (33% stake) The market is ready for a bounce after a major 55% correction from the local top of $14K. Merry...