anibalsantaella

Bitcoin descending triangle 2018

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Indicators:
Fibonacci retracement with extensions (downtrend 2013 - 2015)

Pattern:
Descending triangle 2018 (measure rule): TP $1700 - $1900

Confluence between Fibonacci extension 161.80% and descending triangle target point
Comment: Weekly bars
Comment: Monthly candles