FUN FOR EVERYONE WITH FUNFAIR! .60-.80 TARGETS FOR 1200%+ PROFITS!

in funfair •  7 years ago 

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Here's my analysis on this little sleeper:

Looking at the charts I see a beautiful cup and handle has formed and is nearing completion.

The handle, which is also a descending triangle with a near perfect ABCDE correction touch, is almost near the final bottom touch (E). This is also the correction phase 2 of Elliot's 1-2-3-4-5 waves.

Combining Fib retracement with Elliot's waves and time/price/pattern brings us to the top of wave #3 near July.

For those of you who hate to do the BTC to USD conversion in your heads as I do, this price will be at about sixty (60) cents. At this point, we should see another correction, maybe down to forty (40) cents or so, and then a final pop before the year end up to eighty (80) cents.

I, personally, will be taking 50%+ off the top at around sixty (60) cents.

This is a higher risk trade friends, but I like what the charts are telling me here.

Good luck and happy trading!

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