BitcoinOasis

X MARKS THE SPOT

Long
BitcoinOasis Updated   
BITMEX:XBT   Bitcoin
I'm starting a new series of analysis called X MARKS THE SPOT. A fun and simplified way to present price targets without the "fluff". I will save all my results into a database and present yearly reports.

The X represents our price target - obviously - however as many of my followers have witnessed throughout the years, my self taught analysis tends to be extremely accurate. This will be a good way to measure accuracy, something which should be deemed impossible. The X represents our goals which may happen before or after the predicted time frame. Above and below the target are my support/resistances. They are not traditional and instead curated with my analysis Having said that, it is important to exercise risk management. Now, lets begin this series and the life people bring to it.

I will incorporate entry and stop loss in future analysis as well.

Comment:
Target has been reached before touching the support level.

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