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BTC/USD ELLIOT WAVES THEORY After a correction WXY (double zig-zag) we are on the way to a 1 2 3 4 5 impulsive wave, breaking up the downtrend line of the last two months.
Bull flag Chart Pattern being applied
The recent good news about "Coinbase Custody" is targeting institutional money, making the moment good for the bulls.
www.coindesk.com
LTC: Where there's a will there's a way.Ticker: COINBASE:LTCUSD
Timeframe: 15min/2 days
1- RSI ticking down to complete wave 3 to 4.
2- MACD ticking down.
3- If the Elliot wave analysis is correct COINBASE:LTCUSD is ready to move from a wave 3 to a wave 4 in time with the MACD and RSI cool off.
4- If the elliot wave analysis is correct we should see approx. $150 as our next stop once we bounce.
(Short term resistance/support expected around $149.3 and $148.6)
Short Term: Slightly Bearish
Mid Term: Neutral/Impatient Bull
Long Term: Bullish
Market Sentiment: Impatiently Bullish
xmy/btc the breakout of the underdogxmy is one of those underdog coins which has the potential of a huge breakout.
the action that I showed with the purple round marking, i believe is going to repeat itself on a much bigger scale over the next few weeks.
That means huge profits for the investors. The thing I like with coins like this is, a small announcement like a new exchange listing (very possible)
makes a huge impact on the coins reputation and thus the price. I believe this coin is very good buy opportunity right now.
Good Luck,
tipbox:
17BUPYGRFqknHUSKTQAmNRrDKsMyH29rvZ - BCH
GTeHWtQaQAGeeEkW5gtgSPaWnMZmyQrUdR - BTG
XmXxWSgRqa4ZzzQUbWQnsAfxA1RGPScqZN - DASH
0xB62e34A9C3090Bb442a60C3f5d6Df72Db0341143 -ETH
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