robertjulius

DNT targets and projections

robertjulius Updated   
BITTREX:DNTBTC   district0x / Bitcoin

Putting some fibs, ignoring the opening day bollocks except for the .236 fib this yielded - which is the grey resistance line

we find some resistance around our first target, 857 satoshis.

Second target is the .618 at the nice round number of 1000 sats

Finally proper target is the top of the spikey trendlines , between 1250 and 1500 depending on when (and if!) we make it that far.


super moonshot would be 2283 but don't count on it.
Comment:
Lovely breakout. Touched the 382 on a spike. I'm expecting it will retest that level soon and then break above. Might need to wait for the moving averages to catch up.
Comment:
And a 4 hour bullish cross of the 50 and 200 MA's is underway. Doesn't get much more bullish then this. Might get in some more when it does.

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