Laid out on the Day Chart is the Trend-Based Fibonacci Extension Tool.
Based on this tool, if Bitcoin continues it's path on this trend and goes parabolic, the likelihood of a $10K price will be high.
Price is way above the 55 Day EMA, very very bullish!
Remember to place your TRAILING STOP LOSS.
WARNING! Of course there's always the other side of the story.
===============================
Watch out for STOPS-HUNTING BOTS!!!!
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
Based on this tool, if Bitcoin continues it's path on this trend and goes parabolic, the likelihood of a $10K price will be high.
Price is way above the 55 Day EMA, very very bullish!
Remember to place your TRAILING STOP LOSS.
WARNING! Of course there's always the other side of the story.
===============================
Watch out for STOPS-HUNTING BOTS!!!!
*** Trades should not be placed based upon what you see here! Do your own research and manage your own risk.
Only trade the breakouts to be safe and not be sorry. Wait for confirmation of price direction prior to putting in your trade.
Remember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get wrecked with your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
Constructive and positive comments are welcome. Be courteous.
Consider leaving a like after viewing my post, and click on Follow to receive my latest and updated posts.
More Power To All Your Trades,
Ron (The Intrepid Trader)
Comentário:
How The $10K May Come To Fruition.
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Inverse Head & Shoulders
Target: $9900-$10K
Target: $9900-$10K
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LINE CHART
Comentário:
BTC CME Futues Gap Of $215 at $11.7K - $11.9K, We Might Be Headed That Way!
