No need for harmonic patterns just a fib retracement. Look how BTC likes to bottom out in the .886-1.13 range and then top out at the .618 of that run. Its pretty simple, this pattern aligns itself with the futures model expecting a leg up but still shorter than the last leg. BTW i type in my fibs to the exact coords so that I know they are precise. This target of the .618 retracement is at 7499. I will most likely have an order to sell there and will be watching price action around this range. If you are looking to buy then idk what to tell ya i loaded up at 63.
Refer to previous posts for futures model correlation. If u check the right edge of my previous posts I called the reversal perfectly last night and that reversal it what projects this .618 target. Still
Strategy: Short term bullish
Size: All in
Target: 7500
I have been accumulating btc from trading btc/usd for the past year. I have already made my profits and converted to fiat which is 1 thing alot of traders failed to do. Always secure profits. If crypto never hits 7500 i will most likely baghold into infinity with the rest of you guys. For anybody who bought the top of crypto and are waiting for the comeback all I can tell you is we have been apart of and been able to witness one of the best market psychology examples anyone will ever have the privilege to see unfold. I have learned so much about Trading through trading crypto that is applicable to other markets. Take this as your biggest lesson. Its called #markettuition.
Refer to previous posts for futures model correlation. If u check the right edge of my previous posts I called the reversal perfectly last night and that reversal it what projects this .618 target. Still
Strategy: Short term bullish
Size: All in
Target: 7500
I have been accumulating btc from trading btc/usd for the past year. I have already made my profits and converted to fiat which is 1 thing alot of traders failed to do. Always secure profits. If crypto never hits 7500 i will most likely baghold into infinity with the rest of you guys. For anybody who bought the top of crypto and are waiting for the comeback all I can tell you is we have been apart of and been able to witness one of the best market psychology examples anyone will ever have the privilege to see unfold. I have learned so much about Trading through trading crypto that is applicable to other markets. Take this as your biggest lesson. Its called #markettuition.
