BTCUSD Projection - I did it 3 times and people said I was Crazy
TICKER CODE: BTCUSD
Company Name: BITCOIN
Industry: Crypto Currency / Blockchain
Technical Analysis
1. Falling Wedge / Flag Forming (More likely to be a wedge)
2. Inverted Head & Shoulders (Forming)
3. Fibonacci Retracement at 0.618 (Golden Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: 24000
Entry 2: 13900 (Should the market break below 24000)
1st Partial Take Profit: 80000
2nd Full Take Profit 120000
This is just a projection. *I may be wrong
Here's my references
Note that there is a Head and Shoulders forming at the top part of the chart. Should the chart pattern move accordingly we will see the market hit 40000 before rising a little bit and then I projected the fall from there again to continue forming the falling wedge. /
Company Name: BITCOIN
Industry: Crypto Currency / Blockchain
Technical Analysis
1. Falling Wedge / Flag Forming (More likely to be a wedge)
2. Inverted Head & Shoulders (Forming)
3. Fibonacci Retracement at 0.618 (Golden Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
Entry: 24000
Entry 2: 13900 (Should the market break below 24000)
1st Partial Take Profit: 80000
2nd Full Take Profit 120000
This is just a projection. *I may be wrong
Here's my references
Note that there is a Head and Shoulders forming at the top part of the chart. Should the chart pattern move accordingly we will see the market hit 40000 before rising a little bit and then I projected the fall from there again to continue forming the falling wedge. /
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