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First Target Hit ... Next? | $BTC $USD #Bitcoin #Litecoin
Bitcoin
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First Target Hit ... Next? | $BTC $USD #Bitcoin #Litecoin
By 4xForecaster
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Feb 25, 2014
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Feb 25, 2014
Friends,
As you may recall, last February 10th, we called for a probable reversal and decline of this Bitstamp bitcoin (see analysis here:
tradingview.com/v/R5QGZThQ/
as well as a BTC-e analysis here:
tradingview.com/v/Z95pqkHo/).
At this hour, our second target got hit (first was the bullish target about 5 candles since the release the first two targets back on February 10th).
At this point, we continue to set our sight on the bearish-most target, defined as TG-Low = 385.94, set on February 22nd.
More analysis/review if/once TG-Low gets hit.
Cheers,
David Alcindor
TradingView.com Moderator as 4xForecaster
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