LGDBTC - 130-160% profit target

15 Oca 2018

I'm new to technical analysis and am putting this out there for critique, tips, and to see how accurate I am.

I have made an attempt to utilize Elliot Waves, Fibonacci Retracements and Extentions, along with resistance lines.

Make sure to enter in the target zone of Fibonacci Retracement 50 to 61.8% (price targets shown on chart).

The first target is previous resistance for 130% profit, and the second is 160% at Fibonacci Extension of 1.618 (price targets shown on chart).

15 Oca 2018

Not

EDIT: I should have checked the previous resistance on this before posting. This line, I believe, was the 1.618 target prior to making an adjustment. I will be using the 1.618 target.

16 Oca 2018

Not

Due to the crypto market tanking today, this is likely no longer valid.