If we can envision a Inverse Head and shoulders forming.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of $140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a $80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
@TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
With a horizontal neckline coming in at around $47.5-48k
It gives us a LOG projection north of $140k
Draw it out yourself and see :)
A linear target would be much more subdued and give us a $80k target
And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow.
That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level)
But lets's be optimistic and aim high
but recognise the value of having BOTH targets in mind.
@TheCryptoSniper Thank you for your ongoing education and dedication to your craft.
Trade ist aktiv:
The head was created
now the right shoulder is forming
how long will it take?
I expect a low to be made soon
now the right shoulder is forming
how long will it take?
I expect a low to be made soon
Trade ist aktiv:
Neckline breakout
Sideline money you have been warned.
Sniper laid the map out for you.
Sideline money you have been warned.
Sniper laid the map out for you.
Trade ist aktiv:
The move to $80K is happening quicker than people have positioned for.
FOMO
FOMO
Trade ist aktiv:
gotta remember we were $7k off the linear target !!
thats was a wild run
gotta remember we were $7k off the linear target !!
thats was a wild run
Trade ist aktiv:
let's add that linear target of $123k into the mix as well shall we.
let's add that linear target of $123k into the mix as well shall we.