BTC Going To AT LEAST 17700 On JAN. Or FEB.
On weekly chart, BTC made the AB wave from 16 March to 17 August, the it made a nice 36%, 38% retracement to make the BC wave from 17 August to 31 August ( such a fast retracement and that's awsome ).
So what now??!!! here's the great stuff..
BTC successfully broke the B level of resistance with a strong enough candle on 19 October candle.
I believe BTC is going to AT LEAST complete the AB=CD pattern in coming 3 or 4 months from now that is January or
February. The D or the PRZ area will be around 17,700 that I've shown you on the chart..
So how did I get the date from..
If we look at AB wave, It took 22 weeks for BTC to complete AB wave. believe we're looking a good looking AB=CD pattern so I expect the the BC wave should take almost approximately 22 weeks to complete and that's January and February.
This Idea is just for AB=CD pattern but I think we're gonna have ABCD extended form so I drew next level of BTC price for you after we reach 17,700 target.. those target are around 20,000 and 23,000.. Of course we're gonna have some ups and down during the journey but these are the targets that I believe we're gonna see in upcoming weeks and months..
I will update this idea in upcoming weeks so we can keep track of BTC together, so make sure you follow this idea...
This is my idea.. What do you think...
So what now??!!! here's the great stuff..
BTC successfully broke the B level of resistance with a strong enough candle on 19 October candle.
I believe BTC is going to AT LEAST complete the AB=CD pattern in coming 3 or 4 months from now that is January or
February. The D or the PRZ area will be around 17,700 that I've shown you on the chart..
So how did I get the date from..
If we look at AB wave, It took 22 weeks for BTC to complete AB wave. believe we're looking a good looking AB=CD pattern so I expect the the BC wave should take almost approximately 22 weeks to complete and that's January and February.
This Idea is just for AB=CD pattern but I think we're gonna have ABCD extended form so I drew next level of BTC price for you after we reach 17,700 target.. those target are around 20,000 and 23,000.. Of course we're gonna have some ups and down during the journey but these are the targets that I believe we're gonna see in upcoming weeks and months..
I will update this idea in upcoming weeks so we can keep track of BTC together, so make sure you follow this idea...
This is my idea.. What do you think...
Trade closed: target reached:
Our 17700 Target has reached.. I hope you've enjoyed it..
But I like to give you some more information.. we've reached the target so me my self have taken my profit because I didn't want to take more risks.. but my chart sharing with you is a weekly chart!!!!
we have a few days for BTC to close the weekly candle.. This weekly candle is really important, because we if it closes above the first target line, there is a chance for BTC to go up to the next Fibonacci level that is 19900, around 20000 USDT!!!!
Our harmonic pattern in BC projection had a rally so there is a chance for BTC to move the PRZ (Potential Reversal Zone) to the second level or maybe the third level..
I will post more ideas about the PRZ and the BTC correction in the following post when I see enough price action for me to say that the correction is started..
So if you liked my idea follow my profile and check out my ideas.. lots of information are coming ahead..
This is my idea.. What do you think..
But I like to give you some more information.. we've reached the target so me my self have taken my profit because I didn't want to take more risks.. but my chart sharing with you is a weekly chart!!!!
we have a few days for BTC to close the weekly candle.. This weekly candle is really important, because we if it closes above the first target line, there is a chance for BTC to go up to the next Fibonacci level that is 19900, around 20000 USDT!!!!
Our harmonic pattern in BC projection had a rally so there is a chance for BTC to move the PRZ (Potential Reversal Zone) to the second level or maybe the third level..
I will post more ideas about the PRZ and the BTC correction in the following post when I see enough price action for me to say that the correction is started..
So if you liked my idea follow my profile and check out my ideas.. lots of information are coming ahead..
This is my idea.. What do you think..
