ביטקויןלונג
AB=CD Fibonaci pattern BTC gonna pump!
We see AB=CD pattern at weekly chart with Decreasing volume. We find support at 0.618 fibonacci level to find C.
The bearish AB = CD is a Fibonacci based pattern, meaning Fibonacci ratios determine the turning points. Formula: D = (B – C)/ Ratio + C=(64895-28600)/0.618+28600=87300$
How often does price reach or exceed D? 95% of the time.One of the best performing strategies. 57% of the time price goes more than the D target.
AB is 224 days so CD should be in perfect pattern execution also around 224 days which is 31st January 2022. This could differ greatly also like D price. But we are with 95% security going to at least 87300$.
Mega bullish on BTC!
Bulkowski, Thomas N.. Encyclopedia of Chart Patterns (Wiley Trading) (Kindle Location 3643). Wiley. Kindle Edition.
The bearish AB = CD is a Fibonacci based pattern, meaning Fibonacci ratios determine the turning points. Formula: D = (B – C)/ Ratio + C=(64895-28600)/0.618+28600=87300$
How often does price reach or exceed D? 95% of the time.One of the best performing strategies. 57% of the time price goes more than the D target.
AB is 224 days so CD should be in perfect pattern execution also around 224 days which is 31st January 2022. This could differ greatly also like D price. But we are with 95% security going to at least 87300$.
Mega bullish on BTC!
Bulkowski, Thomas N.. Encyclopedia of Chart Patterns (Wiley Trading) (Kindle Location 3643). Wiley. Kindle Edition.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.