DJ-Jeffy-J

BTC Price Prediction Attempt

Long
DJ-Jeffy-J Updated   
COINBASE:BTCUSD   Bitcoin
Been playing around with a simple Fibonacci growth bottom out of the bottom. Just highlighting a trend I see. The pink lines outline multiples of 3200 times the golden ratio. So 1.618*1, 1.618*2, .... 1.168*n where n is the number of multiplies. Using the triangles to exhibit pattern. Main thing that is interesting is the Fibonacci multiples from the bottom are where each trend break out eventually starts from with the green arrows identifying them. Doesn't work for the first break out, but after that the pattern continues. Interesting to see how it plays out as my fractal idea I have linked I put more weight on personally. I don't think it'll take us that long to surpass 25k.

Feedback/comments always welcome
Jeffy
ALL MONEY IN 2019
Comment:
Interesting to look back and see. We actually touched the fibonacci number. and then retraced to last one.
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.