The chart shows all possible levels on a weekly scale for the Bitcoin . A comparison of the old regular and new logarithmic levels based on Fibonacci tools was used. All diagonal lines are miscellaneous pitchforks . Last regular target: 20528, last logarithmic: 34898. Locally expecting price retrace drop from black axis line max 21250. The upper bold blue line is...
The chart provides an analysis of the Altria Group Inc ( NYSE:MO ) stock price by Fibonacci and Pitchforks tools.
It is expected to decline the price to at least 28 with a subsequent rise to 50 and 64 after small retracement.
The whole movement is 160% .
The main levels and targets for the BTCUSD are provided on the chart using Fibonacci and pitchfork tools.
Targets: 21255 ( Local Peak ) - 14600 ( Strong Support ) - Longterm Consolidation ( Blue Area ) - 32000 ( Final ).
Dollar Index is on edge of broken pitchfork, next targets:110 & 122.
At my previous idea on DXY the bullish diamond pattern is formed.
Cancellation of idea in case:
If the M bar closes below the red level 0.618, then targets 78 & 62.
Go green! ;-)