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. /
İlgili yayınlar
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.
İlgili yayınlar
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.