BTCUSD 1D WaveTrend Oversold only 3 times in past year!
BTCUSD Short Squeeze - Repeat of recent scenario
BTCUSD Screw the Shorts - Repeat of recent scenario
BTCUSD Screw the Shorts - Repeat of recent scenario
Fractal of 2014 major correction plays out in this scenario, a case for $4k BTC is made. If you'd like to entertain the Feng Shui of 2018 then the Earth Dog year represents a slow-moving year with little luck. We may need to weather a sideways 2018 until things pick up again in 2019 into further logarithmic gains. This bearish scenario for 2018 ignores the network...
ETHBTC eventually correcting to strong support at 0.06 before attempting the flippening to market dominance at 0.2.
0.786 Fib level to be tested at support as 1.0 Fib test failed, support will likely hold to continue uptrend into fib-supported correction. I'll buy at 0.016 and take profit appropriately, 10% is good.
Strong ascending channel with supportive Fib levels, long-term upward correction likely. Short-term resistance will be at 100k because of Fib boundary. I'll buy at 75k and take profit at 85k in case of H&S.
Wavetrend shows underbought, upward correction to strong diagonal channel will take place, supported by generous fib levels above. Short-term buy below 4800, ignore if triangle breaks below 4600.
Support was too low, should be at memorable/psychological level, like 0.08 here. ETHBTC moving into small price action channel, almost looks like short-term accumulation, feels like it's more likely to test 0.1 again than 0.07. I've got a standing buy at 0.076.
Blue line prediction for correction to 22-25 range played out real nice from Still be glad if you can get orders filled at 20 from now.
Confirmed breakout was followed by testing of established range above 380: Ascending channel appears to form now for return to range above 380, but signal is weak until E is confirmed.
SCBTC breakout - possible test of 380 sats - good buy below 320
Fib levels easily accommodates breakout from squeeze after weekend, correction seems likely (do I have the lingo down now?). Change LTC for ETH this weekend.