Correction Target Hit With Precision!
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Very eventful past 7 days with Bitcoin and I've been trying to capitalize on the swings. Took some profits at $9,400 and we managed to hit my correction target at the $9,000 area with precision. Please check out the previous analysis here:
https://steemit.com/bitcoin/@benkalashnikov/bitcoin-btc-analysis-update-new-price-targets
Now bear in mind that the correction might not be over. I can see a small ABC pattern but the C wave is very short. That means we could go a little lower. However, the RSI looks to find some support so we'll have to watch how this evolves.
๐ Benkalashnikov Fund ๐
Here are the current stats for the fund:
๐ฒ๐ฒInitial investment: $995
๐ค Balance: $1128
๐ฐ Profit: +13.14%
Correction over?
RSI
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Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.