Bitcoin - Super Breakout - Next Target $880 USD - Measure Rule

22 Ara 2016

The time has finally come! I have been waiting for a near vertically rally, and likely so have you!

Our patience has been rewarded with a strong breakout! Using the measure rule I give BTCUSD a new PT of $880 USD...

Momentum has been huge, since June it is the third strongest, the second being in August....

Good luck and soon we will be in the four digit range --- I don't know about you but I won't be looking back anytime soon!

Pink verticals are the same length, duh!

22 Ara 2016

İşlem aktif

Target reached! However TV requires a new option for Updates, something like: "Interim Target Reached - Trade still Active or Position Remains Held"

I think the target was nearly spot on as the small difference is nearly the same as the slight space I left between the wicks and my trendlines (not including the one exhaustion/failed breakout attempt on Nov 2nd)... This would also move my target ever so slightly lower as the breakout would have been a mm or two sooner...