This is a prediction for a bit of fun, don't take too seriously. Looking at confluence around 514 trying to pick a bottom. If you "were" to enter, haha, just above - say 520 and target either 1190 or longer term 9,990 :-)
Looking for a retest of 115 looking for as much confluence as possible between fib retracements, trend-lines etc. Risk reward is 1:1 because we can based on t/p just below 117. Trend is clearly up, momentum is gaining. If the expectancy of this trade working out is 55% or better you would take those odd at 1:1 everyday. Move stop to breakeven if/when price reaches 116.
Short on re-test of 30.0 area targeting 100% fib extension which will have to be recalculated if price makes a lower low before retracing. I would consider this a high probability trade so risk reward is not as crucial. One potential area I have identified for a stop loss is above 50.0 psych level.
Not sure if I will be impartial enough to take this trade myself as an Aussie but momentum and trend are strong enough to the downside to look for another short entry. Note that entry is based on price making a new low around .85 before returning to the entry price.
Trade based on the trend and momentum indicating probability of at least one more down move. entry based on the indicators shown on the chart, pretty self explanatory. Target just above previous low, stop based mainly around risk reward, protected by trend line, 25.0 psych level.
Buying at market at 50 fib with excellent risk reward. Low percentage play but well worth the chance. Tight stop, profit target can be either just below recent highs around 1230 or if you are ambitious hold for a while and who knows? 2,000/5,000/10,000???
Breakout every chance you get with Bitcoin as long as momentum keeps up. Who knows how far this thing will go. Appears to be obedient to round numbers for profit targets and fib retracements for pullback entries
Looking for a final wave short with an entry just below .9450 Will only enter with confirmation from price action with a rejection at that level. Using a fairly tight stop above .945 and trailing the upper 2x1 line once in profit, this trade offers fantastic risk reward. Target is just above .920 round number support which should equate to around 230-240 pips.