[Bitcoin] 1200$ or 3500$ by end of year! | Yearly, Monthly, Weekly and Daily view, 17 July 2017

in #bitcoin7 years ago (edited)

This is the first post about bitcoin and bitcoin charts.
The levels are made using fibonacci numbers and fibonacci clones.

Yearly view:

1.png

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.

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Interesting predictions and nice price chart plot. What low price level do you think steem will get to before reversing? Any support line?

hi, follow me and upvote me please/

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