JoeyMena

To reach $136,200 in log scale BTC needs to break linear .65

Long
JoeyMena Updated   
BITSTAMP:BTCUSD   Bitcoin
You're looking at my Log scale analysis featuring a Linear scale opposing trend an industry 1st!

If the Linear Golden Zone .618 - .65 at $50,264 (.65 for slippage) holds, then we're going back down to mid $20,000's before heading up to $136,200. (FOLLOW RED LINE)

The .50 - .618 Extension at $37,725 - $36,239 needs to hold as a last stand to continue up but even so, that linear golden zone .65 still has to snap that $50,264 resistence.
(FOLLOW WHITE LINE)


If the extension snaps in fact snaps below .618 at $36,239 we'll have to retrace to the .50 all the way down at $26,313 or as low as .618 $23,216 :( before heading to the $136,200 target region. (FOLLOW TEAL LINE)

Either way you have time to stack sats but this limited time offer won't last... ACT Now!
Comment:
White Tread Line & Red Tread in effect.
Comment:
BTC still choosing a direction. The best approach is waiting until we break $45,000
Comment:
BTC took the White Line with the Algo Extension with Conviction.
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