kuberbindra1

Bitcoin Bull View

Long
kuberbindra1 Mis à jour   
COINBASE:BTCUSD   Bitcoin
Bull view on bitcoin using 60 minutes time frame

Bitcoin following the Blue trend line with HLs.

Fib extension from wave C, D to E indicated the next bull target at fib extension - 100% as our "Target 1" which has successfully met now.

The "Target 2" will be at 161.8% of Fib Ext CDE. This can be further tested with another fib Ext starting from Wave E which gives the same level of "Target 2" at 100% Fib Ext.

Any pull back would suggest to buy at the levels on the blue trend line which shall be also be consistent with the 50%-61.8% Fib ext levels. If in case Bitcoin starts to break the trend line, the bear phase of BTC will start.


To summarise:

Target 1: 9,400 (nailed)
Target 2:9700

BuY ZoNE: 9100
Commentaire:
By the time I finished my analysis, the Target 2 was nailed. Fire in the house! Stay careful from the pull backs

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