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UnknownUnicorn770745
Jan 15, 2018 5:14 PM

ENRGBTC - 105-210% profit target Short

Description

I'm new to technical analysis and am putting this out there for critique, tips, and to see how accurate I am.

I have made an attempt to utilize Elliot Waves, Fibonacci Retracements and Extentions, along with resistance lines.

Make sure to enter in the target zone of Fibonacci Retracement 50 to 61.8% (price targets shown on chart).

The first target is previous resistance for 105% profit, and the second is 210% at Fibonacci Extension of 1.618 (price targets shown on chart).

Comment

EDIT: Previous resistance target should be higher at .00004265

Comment

Due to the crypto market tanking today, this is likely no longer valid.
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