Get started
JH_CryptoTrading

BTC FibExt Target

Long
Bitcoin (BITFINEX:BTCUSD)  
JH_CryptoTrading  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis BTCUSDT futures Fibonacci Extension
1
0
trendanalysis chartpattern waveanalysis btcusdt futures fibonacciextension
We have now broken 50K level 51 holds much resistance however we are still closing in on this level...

Fib Ext has BTC topping out before some sort of pullback around the 161% extension.
200% is achievable however we could be over extended at that point if no pullback is seen...

TP1 53k
TP2 55K
TP3 58.6K

Related Ideas

JH_CryptoTrading
$BTC weekly pivots
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.