This is finally done, up we go, considering there are many ICOs in January build with NEO.
I am just liking the very round bottom...will hodl this one for a longterm, once this big cup is complete, we might see a handle....the future is bright for this privacy coin.
Another leg up, here it goes...
If it breaks out from the triangle, T1 8.2
In an ideal world of TA, the chart is simply showing the wave 5 target accompanied by Fibonacci level, and LTC eyeing 138 ATH. I have this vision due to the current market is as bullish as it was in May (almost, still some of the altcoins are lagging behind as of now). Usually, LTC is the "calm" coin which does not move much, but when it moves, it makes us...
Just speculating along the uptrend channel in log chart. It made it before, it could be making it again....
Target 4.4 is .618 fib retracement level. Get ready :)
It is currently forming the right shoulder on an inversed head and shoulder pattern. Wait for it to run up to 2000 should be a conservative price target. Happy trading.
Exciting to see ETH starts the ATH. Longterm target - $700. It might complete this move before the yearend if it follows the same strength as the beginning of the years. Let's see.
We are on wave 4 retracement to above wave 1, then go to form wave 5. Target 2055. But in crypto world, wave 5 is normally the longest, so we might see it goes to the next level of Fibonacci (see dotted arrow). Good luck and happy trading to you all.
Every time it makes a new ATH, it does twice (one purple circle, one yellow circle), we are in the second circle. Buying here is very dangerous unless the channel is breaking from upside to confirm a new degree of a log channel start forming. I wonder who is buying now.
For those who missed run from previous low - here is the good news. Rising megaphone/widen wedge - education.howthemarketworks.com Will it drop hard like last time when we were on holiday? Please make sure you have some limit orders ready to catch some bitcoins.
There will be an announcement from Omisego in December, let's see if this bull flag can breakout upwards and reach profit target of 17-18.
Can it get more bullish than this? Target1: 80 Target2: 97 Target3: 116
If we are able to break 420, 500 is within reach.
The retracement at the Fibonacci level of 0.786 is done. Let's see if it can make an upward movement from here to break the bull flag and reach the target.
Please, anyone, tell me what are the odds BTC will go higher, meaning outside of the channel without a correction back to 5k? Thank you.
BTC 0.5 Fibonacci retracement is also the measure of h&s pattern if we goes down. Plus meet the up trendline and 200 MA on 2H, or 100 MA on 4H. Let's get ready.