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RE: Bitcoin (BTC) Morning Analysis: A Correction Potential at around $6,400 or so....Find out how low correction could be in this analysis!

in #bitcoin • 7 years ago

Thanks for the post. Are you using fib levels to hit your targets or how are you hitting these numbers with no resistances to go on?

7 years ago in #bitcoin by
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     7 years ago 

    Yes Fib but more importantly established relationship of price length and time duration. For instance, if Wave 3 is extended, Wave 5 is usually equal to Wave 1 or 0.618 of it.

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     7 years ago 

    Ok thanks. I need to learn more about the waves. You seem to do pretty well with it.

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