Place your bets bitcoin at crossroads!
Recently purchased this coin after seeing obvious Falling Wedge and breakout! Target as per chart calculated on the basis of Bulkowski's Measure Rule! thepatternsite.com
Bullish Trend very strong & continues after two big substantial corrections!
Looking like a possibility to continue the Bull Run bitcoin has been enjoying! thepatternsite.com Minimum Target : $19431 wait for all time high break to buy in imho
Targets estimated as breaks unknown as yet! thepatternsite.com
If history repeats itself then these two patterns look very similar but will the result be the same? Of course a throwover is not necessarily needed for a Rising Wedge. One I made earlier:- Target : Difficult to pinpoint above the red upper diagonal!
With likelihood of the inverse head & shoulders now busted we have triangles to deal with and these come in different forms depending on which exchange you are on! So far as stamp goes it is either a disjointed ascending right angle triangle or possibly an "Ending Diagonal" which carries all sorts of connotations. thepatternsite.com
Getting 'deja vous' if this plays out again! Target as per chart.
Target : £7872 www.peterlbrandt.com
A little update on BTC's possible direction using the Fib Channel tool? Short term after B Target : $15677
Whichever way you carve it out it looks like a giant flag at the tilt so Target : $17273 minimum or Weekly R1. ABC correction done imo! thepatternsite.com
Double top mentioned often but what about the recent double bottom? thepatternsite.com
For all those traders who think this can go below $11395 this is why not! According to Elliott Wave Rules wave (4) on my chart cannot go violate wave (1). Of course you may disagree with my count and as I am a novice you may have more experience in counting them and prove me wrong but I think not?
No predictions but the path seems to lead towards $30K by the first quarter of next year.
Yes it does work for all the doubters ~ hard part spotting it when in progress!
Been made aware of this method of projecting targets ....let's see if it works? Target : £10910
Bitcoin liking these triangle patterns now so minimum target : £9103 reaching to £9194.
Looks good with a target $12384. thepatternsite.com