Might drop to 10k if the daily doesn't close above parabolic ascendance
Seems like a long shot but Elliot wave seem to fit in the current trend, Additionally it broke a support set in 2013, which is something worthy of such a strong pattern, look to get in at the retracement of the third wave and fasten your seat belts for 7k, where the correction waves will bring it down again. Long for a little then short.
BTC completed its Elliot wave correction, and its looking for its next move based on the MACD the bullish engulfment and a potential ascending triangle we can be fairly certian that its going to break the short term resistance that the elliot wave correction formed, short term bullish long, term bullish
LTC finished the Elliot wave correction and MACD is signaling nother drop specially considering the descending triangle that has formed as a consequence of the last correction wave. Overall bullish!
Clear elliot wave in ether, the initial 5 waves are compleated and the "a" correction has given way to the "b"ascendance, after which, ether will drop again, overall still bullish but bearish in the short term, dont sell yet, wait until we reach the peak of the "B" wave.
will drop until it hits a long time support at around 1500 pounds