Is Bitcoin forming a possible dragon on 4H chart.. It has formed it's first leg and hump, now forming the second leg.. There are two entry points indicated on the chart, safe entry is at entry2. Leg 1 range is $28421.154 which it will start from Leg 2 once confirmed.. From there I would expect 62%-78% of the leg 1 as target 1 (short profit), 100% as target...
Hi guys I am a relatively a new trader so I thought I would give this a go. Looking at the 4h chart I see bitcoin has played out a head and shoulder scenario.. now I think Bitcoin will repeat the same run up on the right hand side and go up to $42000 to test, than to $45000, than to $51000, than to $59000 and lastly the ATH. Once it breaks ATH it will go up...