bitcoin daily 9. dec 2 targets, same level

in #bitcoin6 years ago

On the hourly chart green wave 3 ends at the same point as blue wave 3 from the daily chart.
The distance until the end of green wave 3 times 1.618 was calculated, giving an estimation where green wave 5 should end.

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On the daily chart the same 1.618 calculation was done with blue wave 3, estimating the end of blue wave 5.
The hourly target for green wave 5 points at the same level as the daily target for blue wave 5.

The blue circles estimate the same target. It is a 4.618 and 4.236 multiplication of the stretch of the last progressing blue trend section.

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