Looks like an ascending triangle at the .236 Rough week on sentiment though
Good support at Fib sequences, and strong fundamentals. Very excited for this project in Q1 2018
Look for continued growth in this asset until late December.
Congestion on ETH and BTC networks is driving consumer confidence in LTC to move between major ALT exchanges and fiat.
We are very excited about Cardano's next market cycle. With 31 of 45 billion ADA already produced, and an excellent thesis/development team, we think Cardano's governance solutions will gain widespread adoption.
If we touch the 8200's prepare for a serious market correction, for the long term vision this is a comforting thought. Congratulation to all of us who got out at 11,000 you've done brilliant!
With USD/EUR trading at 1.19/1, the BTC EUR exchange is over extended by 7%. To put arbitrage in layman's terms for new investors, $9900 USD buys you 1 bitcoin, which you can sell for 8900 Euros.. which you can convert to 10,500 USD on the FX markets.
Ascending tringle shows BTC will break resistance at 9700. Buy zone in 9650. ABC Elliot wave complete.