TradingView
zippy1day
May 19, 2016 3:40 AM

Fib Levels &Targets BTC Long

Bitcoin / DollarBitfinex

Description

As the "Ascending Triangle" has distinct possibilities I have put my Fib levels and targets for the future. They are not necessarily correct but do tally in line with certain high and low historical parts on the chart. The latest $630 target worked out by a fellow charter which is consistent with the nature and size of this triangle shown by the blue line! Of course as always Bitcoin could surprise on the downside short term so watch for the breakout above $504.
More