BTC - BOOM - Strong Buy

BTCUSD remains a STRONG BUY.

Major Breakout is IMMINENT for BTCUSD !

Analysis Method: Wave Theory + Fibonacci

Previous analysis focused on the BTCUSD Hourly chart where I was tracking a Primary Wave. The Primary Wave Sequence completed and the 5th wave broke .618 (5th Extension Trigger) as expected.


Daily Chart:

Primary Wave Cycle:

Wave 3 & Wave 5 Extended:

Correction Sequence: ZigZag

High Wave 1: 343%

Minor Wave Sequence (Previous Analysis):

Target Wave 3 Area: $23,806-$17,169

Fibonacci Time Markers: Estimate 47 Days to Hit High Wave 3 Target Area

Previous Idea Link:

Will Update.

FMW
-AB

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Primary Wave - Leading Diagonal

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Fib Time Marker Dates:

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Daily update:

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Primary Wave = 43%

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Primary Wave 3 Target:

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$12,938-$11,229.99

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Estimated Time-frame: 13 Days

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Time-Frame on Schedule.

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Daily Chart Update (Above)

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Time-Frame Update: 8 Days to Primary Wave 3 Target Area

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Primary Wave 3 Target Area:

$12,690-$11,229

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Channel Trigger & Fibonacci Extension Level

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Key Target: $9457

Trade chiuso: obiettivo raggiunto:

New BTC analysis coming soon...