ICFX

How to detect BTC yearly targets

BITSTAMP:BTCUSD   Bitcoin
The best tool to find out to find out yearly target levels is Camarilla Pivot Points (based on yearly close, highs and lows).
Camarilla pivot points predict not only the levels but also volatility as you see.

As you see we are at the top yaerly value (reversal zone).
Usually, price fails to break the floor or the bottom. If this happens with bitcoin it happens in the end of the year.

For yearly camarilla levels you have to use MONTHLY CANDLES closes.
For quarterly camarilla levels you use WEEKLY CANDLES closes.


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