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.
Trade attivo
The head was created now the right shoulder is forming
how long will it take?
I expect a low to be made soon
Trade attivo
Neckline breakoutSideline money you have been warned.
Sniper laid the map out for you.
Trade attivo
The move to $80K is happening quicker than people have positioned for. FOMO
Trade attivo
gotta remember we were $7k off the linear target !!
thats was a wild run
Trade attivo
let's add that linear target of $123k into the mix as well shall we.
Nota
Nota
lovely monthly candle
Nota
we was ahead of schedulenow we play catchup
Trade chiuso: obiettivo raggiunto
LINEAR TARGET HIT!#BTC
#BITCOIN
Nota
LOG target is +33% away from being met.Nota
Tightened up the neckline for #BTC on the original draw.New updated Log target provided.
#Bitcoin
Nota
#BTC linear tgt met of the Cup and handle.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.