If BTC succeed to fix itself on 17k - 18k then there is a chance to see it grow further to 70k if 17k resistance is broken we can see it dump to 10k-14k
It turned out that the scenario from April 2021 played pretty well and perhaps achieved it's bear potential... still possible to see a minor squeeze to 34k if resists we can see a nice reversal if not 27k is our next destination. Is it too optimistic to see BTC following the green chart - fractal from March 2020
I realised that the chart from the first post was almost invisible under the cloned patterns because they are too opaque. Fixed. Also I scaled down a bit the Aprils 2021 scenario pattern and so far so good, the current chart is perfectly following the path of the chart from April 2021...
What path this chart is going to take? I am still bullish more than before.
Based on the current situation this is how I see that BTC is going to evolve. Some targets might be pessimistic and some optimistic :)
Here are the few ideas showing that we still did not reach a full potential on alts and we can still go a bit higher before plunging into the bear market period.
Very nice pattern. Wait until it break out and then we can expect a nice momentum +30%-50%
Here are 3 possible scenarios of how LRC will develop in the nearest weeks.
As was planned from the last chart Mina worked pretty well. Now let's wait for a small correction and then probably a bigger breakout!
If 1.5 is broke Mina may look very bullish! Green: main support/resistance Blue: small support/resistance
Based on volumes and supports I am trying to imagine how possible ETC is going to evolve.
Let's see if YFI is going to break out with a month or two. If it happens we may expect an impulse until 90k.
This is how possibly BTC may continue to evolve. There is a strong support line on 20k-25k which will be extremely hard to penetrate. I believe BTC may draw us a beautiful head & shoulders pattern... Also according to buy volumes vs sell volumes we still need to make a bigger correction before starting new accumulation and growth. Let's see.