Price Targets on 2 BTCUSD Charts

in #bitcoin7 years ago

Here are a couple good charts published before the recent crash in Bitcoin (when the cryptoasset was trading around $14,400).

The first features a rising wedge and head and shoulders top.

alt text

Bitcoin Digesting Thanksgiving Hype by JayBeckner on TradingView.com

This one shows a larger chart pattern, a bearish harmonic Gartley.

alt text

Bearish Gartley for Bitcoin? by JayBeckner on TradingView.com

Click through the links (and press play on the charts) to see how the price hit/ held around the respective targets. Good work!