I expect us to drop to around the 50-52k level. Maybe this creates an inverse head and shoulders that sends us back up.
BTC will hit 56k, if it bounces up the next few days thats good. probably new ATH. If it goes below just sell everything.
B is 1.382 From A. C is 1.618 from B. E expect crypto to Moon.
HUT has hit a support and I am waiting for a retrace down and then another bounce off the support. Don't expect it to go up from here. Regards,
Looks like ADA is ready to break out of this Triangle. and I will be looking for about a 50% pump vs 30 day returns. This would put ADA at about the $3-3.5 range within the next few weeks.
Im not one to short this, but looking to accumulate again around 35k.
Vet is currently touching a support that has held strong for over the past year. I am looking for it to bounce up. Pattern Watcher
ETH looks like it's currently creating a Head and Shoulders on the second half of the M up at these levels. Look for it to drop to the 200 or the 800 before continuing up.
Over the next week. Ethereum will make two separate moves down and consolidate between. During these consolidations Alts will pump. Look for local high for may being in the middle of the month just like the past 3 months before it. This is all while we wait for the long term moving averages like the 20 week EMA, to catch up to bitcoin.
This would complete the cycle and bring BTC down to cover the CME Gap.
I'm thinking we're seeing a much larger triangle in play. Probably retest the bottom around the weekend of March 22nd.
Projection is that bitcoin will need to revisit it's prior March 25th price and will drop down this week and be at 50,000 - 51,000 Range Weekend of April 8th.
Here you can see my breakout prediction