Technical analysis by CryptoPummel about Symbol BTC: Buy recommendation (11/6/2024)

Taking the Wyckoffian approach of counting in PnF charts I figured out these 3 stepped targets, depending on the Y-axis point size (1000 or 2000$), and the start-end for counting the bars.I counted from ST to SPRING and from BCLX to SPRING. Therefore in this chart there are 41 bars between BCLX and SPRING, a "reversal amount" setting of 3 and a size of 1000 $ per point, then 41*3*1000 = 123,000 that are added to the SPRING price (16,000), giving a final target of 139,000.I did these for the other settings comented above, which are more conservative targets.Be ready!