Hi Traders,
The way price is acting, I still believe its got another leg up, to hit the 0.618 or 0.382 retracement level of 51k at most.
Here I point out a few things.
a) the neckline of the head and shoulders for the 50% dump
b) fib retracement has confluence with current resistance at 0.5 and potential other target of 0.382 fib retracent.
c) a fractal back when the all time high at 19k for 2017 was acting as resistance and we have a similar formation in the making.
A combination of a descending wedge turning into a symmetrical or ascending triangle. Hence the blue shape.
I have much more but that will be explained in this weekends live stream.
Please give me a like or tick and share.
Thanks, SSAri
The way price is acting, I still believe its got another leg up, to hit the 0.618 or 0.382 retracement level of 51k at most.
Here I point out a few things.
a) the neckline of the head and shoulders for the 50% dump
b) fib retracement has confluence with current resistance at 0.5 and potential other target of 0.382 fib retracent.
c) a fractal back when the all time high at 19k for 2017 was acting as resistance and we have a similar formation in the making.
A combination of a descending wedge turning into a symmetrical or ascending triangle. Hence the blue shape.
I have much more but that will be explained in this weekends live stream.
Please give me a like or tick and share.
Thanks, SSAri
Discord: discord.gg/JC7CDdJv (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
