Based on symmetrical triangle breakout BTC should hit the targets before finding resistance. Los Angeles 11:21 AM.
I would look for RSI breaks to see if BTC chooses to consolidate sideways. In that case we can expect the alt markets to boom. I believe BTC will continue to be bullish and hit the targets. The conservative targets are measured by the top of the candle to the bottom of the candle on the symmetrical triangle. The aggressive target is measured by the top of the wicks and bottom of the wicks.
If BTC remains bullish throughout.
Targets:
Conservative Target: $11.7k
Fibb 1.618 Target: $12.4k
Aggressive Target: $12.7k
Aggresive Fibb 1.618 Target: $13.2k
All these targets will find resistance. To solidify profits sell slightly before and do not be greedy.
I would look for RSI breaks to see if BTC chooses to consolidate sideways. In that case we can expect the alt markets to boom. I believe BTC will continue to be bullish and hit the targets. The conservative targets are measured by the top of the candle to the bottom of the candle on the symmetrical triangle. The aggressive target is measured by the top of the wicks and bottom of the wicks.
If BTC remains bullish throughout.
Targets:
Conservative Target: $11.7k
Fibb 1.618 Target: $12.4k
Aggressive Target: $12.7k
Aggresive Fibb 1.618 Target: $13.2k
All these targets will find resistance. To solidify profits sell slightly before and do not be greedy.
