I don't expect the chart to follow that exact pattern . It is however how I expect the price to react when it reaches those levels (Based on Fib) . This is also dependant on how the price of Bitcoin moves . My over all long term target is .01 which could be achieved in the coming months . This is not just based on TA but also FA - ZCoin have recently been listed on Binance among other exchanges , Znodes have been introduced . There are still other announcements in the pipeline .
As you can see . Price reacted as per displayed on chart (I apologise for the shitty drawings ) . I sold off 45 % of my holdings @ a 150% $ return and a 48% BTC return , and set deeper buy orders .
Current ROI
BTC : 37%
$ : 159%
If you look at the chart - every time it pumps this steep it retraces about 0.0008- 0.001 (Something I should have picked up on earlier ).
Based off this my next entry will be at 0.00345 as well as 0.003 with long target still at 0.01
I will keep you updated as I go along on this trade !