dariusab

New BTC Target: $63,901

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
My last Bitcoin projection hit to almost near perfection, heres my next one... $63,901. This BItcoin correction lasted a bit longer than expected but we are coming to the end of this correction. We are now seeing the end formation of a bullish flag with potential for explosive breakout! The best way to get these price targets like I do is to use the Daily timeframe first of all. I then like to draw out my triangle patterns, whether symmetrical, ascending or descending - As long as price action occurs within the drawn out triangle, drawing should be good. The from the beginning of the triangle, I take the height of the LAST green candle (including wick) from the top of the green candle, to the bottom of the first red candle (including wick). With that height, you can get a very accurate measurement of where you can expect the price to go (In bullish and bearish situations).
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