LINK (Y20.P2.E2).Macro.Target
Updated
Hi All,
By just using Fibonacci and with a few assumptions, like a channel, I'm looking at the channel 0.618 fib level to be the major target, ~6.0 to 6.7
This has confluence with the height of the ABCDE contracting triangle. This should correspond to potentially BTC's target.
I have the 50 and 100 EMA on the DAILY to be the support lines on the pullback.
Note: 5.1 to 5.2 for the first major resistance.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari
(for my reference > Macro.charts)
DAILY Chart
By just using Fibonacci and with a few assumptions, like a channel, I'm looking at the channel 0.618 fib level to be the major target, ~6.0 to 6.7
This has confluence with the height of the ABCDE contracting triangle. This should correspond to potentially BTC's target.
I have the 50 and 100 EMA on the DAILY to be the support lines on the pullback.
Note: 5.1 to 5.2 for the first major resistance.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari
(for my reference > Macro.charts)
DAILY Chart
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