WadeYendall

Time to revisit my long term chart from Nov 28th

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WadeYendall Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
Time to re-post my long term chart of BTCUSD from Nov 28th. After the break out from the Dec 2017 BTC has easily taken out fib extension after extension. My round number target was 30k and now that has been achieved the next level would be the measured move to 36000. I see resistance at the 1.618/886 area which price is currently at. I would personally like to see a pause or pull back here so that I can add going into the 36k level. A period of consolidation would be healthy for continued upside as price usually needs a base to launch from into new extensions.
Kommentera:
Geez.. pull backs getting bought up fiercely but that was a 6000 pts pullback.
Hoping for a deeper drop to the second box before an add.
Kommentera:
Final target on the longer term chart hit at 36388.
Kommentera:
Holy Crypto Batman!!.. It hitting the 2.24 extension already as well at 40K.
Time to re-chart this one. I expected it to take a year to get there. WOW.

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