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altcoins
bitcoin
bullish
chartpattern
cryptocurrency
icxusd
impulsewave
trendanalysis
waveanalysis
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Bullish on BTC since the lows are higher and that we have reached a low. If the trend is broken below 7k then be prepared for more downwards movement as shorter push the price down. There is a huge amount of support at the 6k mark, will be surprised if it gets down to this.
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Cup and Handle, and likely impulse wave to follow.
3
XMR has been broadly following Elliot wave theory, with the sub-waves matching into the Elliott wave pattern of the larger waves. I am expecting to see a retracement, shortly to about 278 USD, before an impulsive 3 leg to the Fib 1.618 level of 879 USD. Expecting major resistance at the previous high of about 475 USD. Towards the end of the year the full impulsive...
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