BitcoinLong
Bitcoin Long-Tern Technical Analysis
I have been spending decent amount of time lately acquiring and studying Harmonic Pattern Theory.
So this time I am going to approach this daily chart of BTCUSD in different perspective.
This harmonic price pattern is a perfect bat pattern where AB falls right into 0.382~0.5 of length XA, BC close to 0.886 of length AB, CD into 1.618~2.618 of length CD, and CD close to 0.886 of length XA.
The first target comes in at 61.8% Fibonacci level of CD, followed by target 2 at 1.272% Fibonacci level of CD and finally target 3, which is the 1:1 projected XA distance from the PRZ level at D.
So this time I am going to approach this daily chart of BTCUSD in different perspective.
This harmonic price pattern is a perfect bat pattern where AB falls right into 0.382~0.5 of length XA, BC close to 0.886 of length AB, CD into 1.618~2.618 of length CD, and CD close to 0.886 of length XA.
The first target comes in at 61.8% Fibonacci level of CD, followed by target 2 at 1.272% Fibonacci level of CD and finally target 3, which is the 1:1 projected XA distance from the PRZ level at D.
토미 라이브 차트 보기: litt.ly/tommytradingtv
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
Youtube: bit.ly/Tommy_TV
Telegram: bit.ly/Tommy_Main
트레이딩 MBTI 테스트하기: tradingmbti.waveon.io/
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