TradingView
roaken
Mar 25, 2021 12:04 AM

BTC - LONG view using FIB channels Long

Bitcoin / DollarBitfinex

Description

Everything's pretty self explanatory, just expounding on previous price action between FIB levels.

Only thing that's eyeballed is the angle of the bear market before returning to the grey line. I found it pretty cool that 100k BTC price was the natural target for both wave B and final price. Maybe 100k BTC will make it easier to price things around.

Comment

This idea is dead, but that channel looks like a good bounce point at 23k -ish
Comments
RickSmash
I also have a blowoff top in May. I scheduled it for Cinco de Mayo just for fun.
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