Trading this year has been good and I feel that, while I am no Pro, after a few years of studying the markets I am now familiar enough to make more qualified assessments in crypto and equity mkts - Recent Ideas have all ended pretty positively, especially BTC which was pretty much on point although I did sell 30% at ATH.
- As noted in previous ideas*, structure seen recently are following bullish patterns seen in 2016/17. At this point I expected drop down to $14k. I have now adjusted my plan with a more bullish approach through December with retrace in Feb (when I expect all markets to break down).
Q1 Plan
- Target A is minor retrace before a break up of $20k - retrace to $14k still possible so would re-enter on resumption up
- Target B is the local top based of long-term trendlines/(2017 ATH) - Potential resistance at $26k - January will see consolidation with ALT run (which is still relatively muted). This works in parallel to the broadening cone formation idea many are following driven by ever increasing pressure on people to take profits despite the trend.
- Target C is retrace to $20k / 30% retrace. Feb but might move into March
The plan offers excellent profits and may be unrealistic but its just a plan and will adapt accordingly. Ultimate target is ATH end of 2021 +$100k
*
Ever learning.
Best, Hard Forky
- As noted in previous ideas*, structure seen recently are following bullish patterns seen in 2016/17. At this point I expected drop down to $14k. I have now adjusted my plan with a more bullish approach through December with retrace in Feb (when I expect all markets to break down).
Q1 Plan
- Target A is minor retrace before a break up of $20k - retrace to $14k still possible so would re-enter on resumption up
- Target B is the local top based of long-term trendlines/(2017 ATH) - Potential resistance at $26k - January will see consolidation with ALT run (which is still relatively muted). This works in parallel to the broadening cone formation idea many are following driven by ever increasing pressure on people to take profits despite the trend.
- Target C is retrace to $20k / 30% retrace. Feb but might move into March
The plan offers excellent profits and may be unrealistic but its just a plan and will adapt accordingly. Ultimate target is ATH end of 2021 +$100k
*
Ever learning.
Best, Hard Forky
Comment:
Target A Hit
