BTC 120k?
2024-12-13
Category: None

well hello guys so here you see my chart explaning why i think that xrp is going to atleast 120k<

fvg: well first of all we see a Fair Value Gap at 96k with a BOS this indicates a pull back until this gets cleared, also this fvg is formed in a bullish trend so we now ones that fvg gets cleared we could expect the same reaction so a bullish trend.

LHR-shoulder: also what we could see from this chart is a clear Left shoulder- Head and that the right shoulder is getting formed but for this to get formed must it go down what is also indicated by the fvg and from a LHR you could expect a bullish trend as we know this pattern.

i would recommend a long entry at about 94.5k-96k, if greedy than max 94k.

target is still not clear enough and would only exit ones you know for sure some say that btc will end up at 160k.

btw this is on the 1 hour chart and is in no way financial advice see for yourself first before trusting others!