BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
452 5 10
Within the last year I commented quite often but today this is my first public idea ...

expressed in a simple way:

all green-dashed lines are TP levels

first TP @ 9054 = already done

Condition for this scenario:

1. No lower prices than $ 6184 until the end of February
2. Until the end of march / april maximum rising $ 17165
Comment: first support 7944 ... holds here, then next TP in the blue circle

Comment: alternatively my post 10 hours ago:
the first movement down almost completed

Comment: so far everything as expected

would have to touch at least 8555.4 ...

Final price on an hourly basis:
- over 8555.4 = means climb a bit higher
- under it = probably tomorrow will make a low on daily basis

Comment: So far, BTC is staying in the indicated direction.
Meanwhile, the green diagonal has been tested ... as long as it does not fall - remains long.

Comment: only one cat jump... and 2 TP done

Comment: TP Nr. 2 done!

the pace is slow but the right direction...


+1 Reply
and the advertised level 8555.4 done ...

now either as previous chart or here as a variant but in each way i expect more up.





Reply
15 hours ago i wrote:

first support 7944 ... "holds here, then next TP in the blue circle"

now: 7944 in a action


New week needs a week's low ... it would be good if next support would suffice...

if so - fokus on TP 10061-10214

+1 Reply
Thanks for taking the time to post this.
Reply
NeverNO BuyGanyo
@BuyGanyo,

I have liked to post it and hope it brings something.
+1 Reply
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