martin1000

BTC - NEXT TARGET!!!

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Dear Traders

I gave you all details of this price reversal a one week in advance.
Everyone who read my last week analysis new that BTC will create double top pattern formation.
Yesterday we had confirmation of it when support level $9300 has been broken.
Now we are in down trend. Following the double top formation pattern price should drop to $6600-6700 level (technical target)
We can expect small price reversal and come back to 9300$ but BTC is on target to $6600-$6700.

Please remember to reach target BTC will need more then couple days.

Trade safe good luck.

This is for education purpose only

Comments

Hi, Forget the resistance-lines, the support-lines, the triangles, the toplines, the EMA or RSI, the waves Elliot etc.etc.

The market follows almost exact the same fractal again and again and again!!

Averse from all these indicators is it going its own way!

the JOES-fractal (the btc-core-fractal) is the one who slams the drum!

check it out at cryptopaatje
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