LOOKING FOR A QUICK 10% AND THEN WE WILL EVALUATE THE CHART
Seems like we have reached the bottom.
WE ARE AT THE LOW IN THE NEXT FEW DAYS ON THE DAILY CHART. WE WILL AVERAGE BUYS EACH DAY ASSUMING WE APPROACH THE TRENDLINE WITHOUT BREAKING OUT.
It is possible that we head to 20k, break it, and then stagnate around 25k before moving to 30k+. We would see 20-25k by the end of march possibly.
I dont think that we are at the end of the ABC correction wave yet (wave 4), however, we could test the nearest support and potentially bounce from it and begin the next wave. The most likely scenario is that we move lower for a few days. There will be plenty of room for profit in this massive wave 5 run and that means we don't need to be greedy and rush into...
Buy in target is 17600-18000 satoshi
WE WILL ENTER WHEN THIS BREAKS ABOVE 6100+ SATOSHIS
Elliot wave analysis. Seems like we are ending the correction wave. Expecting big move up. We will average our buys over the next day.
PLANET NIBIRU. THE ROADMAP ANALYSIS COMES OUT THURSDAY. LONG TARGET IS $2.40.
I am waiting to see how this plays out. I wont make any moves on this until Jan 26++. Most of the market hype will be around WTC, XLM, and VEN during this time due to the news surrounding them. This coin is due for a breakout however. Potential elliot wave structure present. We could be on the ABC correction wave and ready to start wave 3/5 during the next move up.
I AM VERY BULLISH ON THIS COIN. ALREADY HAS FUNDING FROM AUSTRALIAN GOVERNMENT AND WORKING PRODUCT. HOWEVER, YOU SHOULD DO YOUR OWN RESEARCH ON THIS COIN. LOOKS LIKE IT HAS REACHED THE END OF THE ABC CORRECTION WAVE AND HAS STARTED THE NEXT LARGER ELLIOT WAVE.
We will consider entering the trade within a day or two. It will test resistance upwards one more time soon and if it fails to break it then we will test the trendline of the triangle. We will still expect a move up after this trendline is tested though. Think bayesian.
I expect this to move upwards if we can break 30k resist, else we try nearest support one more time before bounce. No matter what we are expecting this to continue upwards. Also has news surrounding it the next few days to help with the push up. Think bayesian.
Key levels are shown. If we do not move up now I expect a move in a day or so.