Warming up for a huge pump! maybe in a few hours. SL: 0.00001850 - first TP: 0.000031
It seems that a complex correction that comprises (an expanding triangle+a neutral triangle) is completing soon as the B of the higher degree, the first target in 1 or 2 candles will be 111500-112000 with the SL of 99k!
Over time, the correction is becoming more transparent(as it is common in wave analyzing) and it seems it's forming an expanding triangle as the b of flat and after hitting around the ATH, after that The c of flat will start and continue until early February and around 90k.
In this scenario, we're facing a symmetrical, and it's finishing the g in a few hours.
In this scenario, a symmetrical is forming, which aligns with the market fluctuations(possibility: 80%).
After g of the diametric as b of the higher degree possible triangle, c of the triangle will form until the end of January.
It seems that after the first bullish leg(A) a diametric formed and now after x a second pattern of the complex correction will be formed until mid-February.
It seems that b leg of the assumed triangle is finishing and then c will be formed in 14-15 days.
It seems that December will be a sad month for Crypto...
In this scenario, a neutral triangle will be formed as the E of a higher-degree triangle. If so, we should wait for January then!
Regarding RSI break, this route would be considered rational, and about time, January 5-6 will be the possible date for the reversal and going for the second round of growth to around 140k.
It seems that a symmetrical is formed as the final leg of the triangle. So let's wait for the confirmation after breaking the descending trend line.
It is also possible to build a neutral triangle like this!
Watch out, apparently, C of the flat, the final leg of the diametric will be forming until next week.
As I mentioned in the last update, Bit finished its first leg(a) under 100k, and now it's time to rest for a while(until January 18-20) as b(like a flat maybe). Then, 135-140k will be accessible!
After the last exact labeling, the play will now be over with a 5 up to under 100k!