Goldenzone
Take your time with your ABC, BTCAnd allow the alts to pump while you (BTC) tiptoe down to where you're headed/0.618
Just to blast off to your next destination and leaving alts behind as peeps sell-off to jump on for a temp ride (or so they think) then, as ppl jump back into their alts as BTC takes a short break only to blast higher unexpectedly, smashing through top of the channel causing FOMO with everyone dumping their bags at a loss to get in as if they haven't learned a thing about how EVERYTHING moves......in waves.
Or not
Time for a healthy correction?It didn't seem like the massive sell-off by the algo's at the golden zone I had anticipated but it appears the golden zone which is also the top of the channel, as well as the gann fan 8/1 from Dec 2017, could be in play as resistance to begin the correction & completing Wave D & now down to the .618 & bottom of channel 2 for Wave E (if this count is correct)
Lots of confluencies to support this idea IMO
Keep in mind that fiats appear to be dying in the currency/trade war which could factor in and make any TA irrelevant. NTM, Peter Schiff seems to be showing signs he's evolving lol as the legacy markets are in fear mode & gold is up but not what you'd expect for virtually the same scenario playing out as in 2008-9 crash/correction. Maybe this time the CB's will DIE? Everybody gotta have a dream
NTA
DYOR
Please