I don't expect the chart to follow that exact pattern . It is however how I expect the price to react when it reaches those levels (Based on Fib) . This is also dependant on how the price of Bitcoin moves . My over all long term target is .01 which could be achieved in the coming months . This is not just based on TA but also FA - ZCoin have recently been listed on Binance among other exchanges , Znodes have been introduced . There are still other announcements in the pipeline .
As you can see . Price reacted as per displayed on chart (I apologise for the shitty drawings ) . I sold off 45 % of my holdings @ a 150% $ return and a 48% BTC return , and set deeper buy orders .
Current ROI
BTC : 37%
$ : 159%
If you look at the chart - every time it pumps this steep it retraces about 0.0008- 0.001 (Something I should have picked up on earlier ).
Based off this my next entry will be at 0.00345 as well as 0.003 with long target still at 0.01
I will keep you updated as I go along on this trade !
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.