BTC - Make or break? 37k?
TA Methods-
The overall Parallel Channel creates a trending level of support.
Fib retracement is based on the ATH to March '20 low.
Fib time extension is based on the Jan 1st '21 breakout to the first ATH and extended from there.
My future price target of 74k by June is based on the same measured move of the previous rally (replicated candles) combined with the fib time extension.
37k~ Is my line in the sand for Bitcoin. I'd love to get your opinion's on this TA and your "line in the sand" for the bull market as well.
Thanks for looking :)
The overall Parallel Channel creates a trending level of support.
Fib retracement is based on the ATH to March '20 low.
Fib time extension is based on the Jan 1st '21 breakout to the first ATH and extended from there.
My future price target of 74k by June is based on the same measured move of the previous rally (replicated candles) combined with the fib time extension.
37k~ Is my line in the sand for Bitcoin. I'd love to get your opinion's on this TA and your "line in the sand" for the bull market as well.
Thanks for looking :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.