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skywarp90909
Jul 5, 2019 2:57 PM

BTC price action following December 2017  Long

Bitcoin / United States DollarCoinbase

Description

Keeping it simple and following price action, I'm going to focus on the 4hr chart from December 2017 in similarity to current price trends.

Once a 30% correction (bear trap) is initiated, and then regains the 25MA, BTC rides the wave up to a retest of recent highs.

Based on this idea, the following are potential price targets:

12k
12,9k
13.8k

Comment

Comparison to December 2017 price action as below:

Comment

One smaller time frame correction prior to target reached.
Comments
DACapitalTrading
Keep up the amazing work and leave us a like as well mate :)
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