How did you work that one out? I think this chart my be a more accurate and realistic measured move of a breakdown:
James_Winsoar
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@dragononcrypto, I must point out that the triangles are not high certainty patterns.
dragononcrypto
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@winsoar, Very good point, although it only had a 70% chance of breaking down (as it did), the probability of reaching the target of the measured move is generically around 60%, but with Bitcoin it appears to be even higher around 70-80% from research I've done. This one below from 2017 even went below and beyond even. I don't doubt that the correction could be over, but probability suggests otherwise.
Oinkman
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How can one get that target ?
By parallling the diagonal green line to the top and projecting the lower and upper green line distance down by 1.618 ?
Sounds as one good scenario if BTC will break down from the triangle.