[Bitcoin] 1200$ or 3500$ by end of year! | Yearly, Monthly, Weekly and Daily view, 17 July 2017
This is the first post about bitcoin and bitcoin charts.
The levels are made using fibonacci numbers and fibonacci clones.
Yearly view:
A retest of 1800$ would make bitcoin test lower lows at 1100-1200$ this year.
A pass above the 2500$ level would start a new bull market for bitcoin, for targets at 3500$.
Trade Ideas:
Sell at 1750-1800$ with a sl of 100-200$(1900-2000$) and a tp at 1200$. Reward/Risk ratio: 3-6;
Buy at 1800$ with a sl of 200$ (at 1600$) and a tp1 at 2500$; tp2 at 3100$ and tp3 at 3500$;
Monthly and Weekly view:
Trade Ideas:
Sell at 2000-2100$, sl 2150, tp 1800-1850; r/r ratio: 1-2; (70% success rate)
Buy at 2120-2150$, sl 1980-2000, tp1 2200, tp2 2350, tp3 2500(10-30% success rate)
Daily view:
Trade ideas:
The same Sell ideas and buy ideas from Weekly/Monthly view:
Sell at 2000-2100$, sl 2150, tp 1800-1850; r/r ratio: 1-2; (70% success rate)
Buy at 2120-2150$, sl 1980-2000, tp1 2200, tp2 2350, tp3 2500(10-30% success rate)
For more ideas feel free to ask and comment.
Interesting predictions and nice price chart plot. What low price level do you think steem will get to before reversing? Any support line?
steem or steem dollars? I'll make an article soon about them.
I will love to hear your opinion on both
Here: https://steemit.com/steem/@az-charts/altcoins-technical-analysis-steem-btc-pair-sbdusdt-synthetic-chart-steemusdt-synthetic-chart-monthly-weekly-daily-view-17-july
hi, follow me and upvote me please/