MagnusTradingGroup
Long

Triangle intersected by time fibs

BTCE:BTCUSD   Bitcoin / U.S. Dollar
Annotations on the chart. Due to the fact that such triangles often breakout after 75% - 80% completion, the 0.764 fib seems to fit great. Also the month of July will then mark the beginning of a new cycle with a rally up to 6000 (10 times the value before rally starts, so around 600)
Makes sense. The "hits top" is what I also expect - creating a double top since May 19.
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LOL! 6000$ is way to high. We could be turning bullish in the 700 - 750 area.
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RomanoRnr RomanoRnr
Well this is my chart
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RomanoRnr RomanoRnr
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