This is a humble study on BTC precdiction for this month. Triangle Pattern indicator is used on Daily Chart.
I've correlated the ratio with the same dates of last year 2020, May13th, 21st and 28th respectively.
The arc used on HH and LL was what prompted me to do this.
Pls observe that the levels are based on 11th Dec and 14thApril Fibonacci. There is a price rise till 51K and then it plummets down towards 35,500(0.618fib).
After this price correction is done, I presume BTC will rise consistently.
Pls smash the 👍🏼button even if I have gone against your sentiment. Many Thanks
I've correlated the ratio with the same dates of last year 2020, May13th, 21st and 28th respectively.
The arc used on HH and LL was what prompted me to do this.
Pls observe that the levels are based on 11th Dec and 14thApril Fibonacci. There is a price rise till 51K and then it plummets down towards 35,500(0.618fib).
After this price correction is done, I presume BTC will rise consistently.
Pls smash the 👍🏼button even if I have gone against your sentiment. Many Thanks