Hi, everyone!
This is a publication to simply point out where we might be heading from current price level.
I am using Pitchfork and a Log chart to determine a macro-trend and fib-extension to calculate near-term and mid-term price targets.
On my opinion it is very possible to reach the red upper diagonal line which was our resistance since Jan 2018. If that's the case we may expect price to go up to $280-$350 level.
Price targets we're likely to hit soon:
$81
$112
This price targets will be correct if $20 is our REAL low, keep in mind we may dip once again to $19 level. If that occur we have rebuild our fib levels using the new low.
This is a publication to simply point out where we might be heading from current price level.
I am using Pitchfork and a Log chart to determine a macro-trend and fib-extension to calculate near-term and mid-term price targets.
On my opinion it is very possible to reach the red upper diagonal line which was our resistance since Jan 2018. If that's the case we may expect price to go up to $280-$350 level.
Price targets we're likely to hit soon:
$81
$112
This price targets will be correct if $20 is our REAL low, keep in mind we may dip once again to $19 level. If that occur we have rebuild our fib levels using the new low.
