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BTC descending triangle and targets

COINBASE:BTCUSD   비트코인
Hope I saved you 10-15% yesterday by warning about upcoming dump. Since classical TA worked out well so far (1st warning was given on 9th of September), I'll add another quote from John Murphy (I personally consider this book a TA bible): "The measuring technique is the height of the triangle (AB) projected down from the breakout at point C".

Take height of triangle ~4500 and subtract it from 9300 = 4800$. That is our target. Time distance can be measured by drawing a parallel channel from triangle. So we have 25th October as target date. Lets see if this forecast comes true.

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