Get started
Like2Move

The ground can be found at 3500

Long
Bitcoin (BITFINEX:BTCUSD)  
Like2Move Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Wave Analysis
14
16
trendanalysis waveanalysis
...or _3400. Retrace from top_4000 completes 1-2-3-4-5 pattern, down to psychologically important value _3500. Bottom appears close to the fib 0,618 retrace level _3400.
Comment:
Strong bounce met resistance at 3800. May have to go back a bit:
snapshot
Comment:
Price moved up as expected and broke resistance at 3800. Next: a move up to the resistance at the area 3930:
snapshot
Comment:
Done. And you can predict what could be a next target? Yes, you're wright, 4120+
snapshot
Comment:
Target reached. Up to 4200.

Related Ideas

Like2Move
Targeting to 4500
Like2Move
Strong uptrend targeting 4400
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.