If we can envision a Inverse Head and shoulders forming.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of $140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a $80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of $140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a $80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
İşlem aktif
The head was created now the right shoulder is forming
how long will it take?
I expect a low to be made soon
İşlem aktif
Neckline breakoutSideline money you have been warned.
Sniper laid the map out for you.
İşlem aktif
The move to $80K is happening quicker than people have positioned for. FOMO
İşlem aktif
gotta remember we were $7k off the linear target !!
thats was a wild run
İşlem aktif
let's add that linear target of $123k into the mix as well shall we.
Not
Not
lovely monthly candle
Not
we was ahead of schedulenow we play catchup
İşlem kapandı: hedefe ulaştı
LINEAR TARGET HIT!#BTC
#BITCOIN
Not
LOG target is +33% away from being met.Not
Tightened up the neckline for #BTC on the original draw.New updated Log target provided.
#Bitcoin
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.