Fibs are indicative of price levels. Trend lines bring time into the equation. March through August should be very interesting.
Price Target is 600 to 1400
Time target is March to August
This gives ample time for sideways and denial rallies in preparation for the 2020 halvening to kick off a new bull trend.
This is not a turn by turn GPS, but a Roadmap of price action levels based on the Fib target zones.
These zones were outlined in May 2018 where I targeted the consolidation breakdown from $3.5K to $5k. (1.86 fib to 1.27).
Now that the target of that breakdown has been reached and we...
Continuing with the fractal pattern that has shown up repeatedly. A Double bottom in store and then a steady rally back to 6.8K. Used this pattern already to buy at 5780. Well let's see if this plays out again.
On the Left is the current daily chart.
On the right is the patter example on the 4hr. However this can be found on any time frame over the last two...