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Rachel_T

61.8% and Cup & Handle

Bitcoin (BITMEX:XBTUSD.P)  
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BITMEX:XBTUSD.P   Bitcoin
Chart Patterns Wave Analysis
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chartpattern waveanalysis
Repeating 61.8% Retracemens and a Large Scale Cup & Handle with the Handle trigger at 61.8% retracement
Expecting drop to 4.2k region before the final pump to the angled 6k Trendline at around 6.8k-7k
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snapshot
Target 4390 for end of wave 4 (0.618% of 4574 top)
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5474*
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snapshot
More Fibs
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snapshot
Maximum possible retracement for Wave 4 is $6200
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The Stages of a Market Cycle (Wave)
snapshot
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It would appear the bulls managed to pull off a 23.6% retracement for wave 4, which is incredibly bullish. I now expect wave 5 target (6k trendline to hit by the end of April)
snapshot
Komentar:
Short closed at 5200, Long opened
Target 6750

Ide yang Berhubungan

Rachel_T
WOW! Bulls pulled off a 23.6% retracement for Wave 4
Rachel_T
2hr Version for more interactive following
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