Possible deep correction to either 68 Fibonacci Arc or 68 Fibonacci retracement. The idea assumes a price of 2000 or 2500 euros in two to four weeks.
If the two remaining large Chinese exchanges announce they will be closing business until licensed, we can expect incremental drop through support level stages as indicated on the chart. With final bottom theoretically possible if mass panic avalanche or major investor decides to pull out in a game of chess. Current bottom bounce could be a resolution, but I doubt...
BTCEUR Retracement to the Ficonacci 68 - 1900 euro in approximately 14 or 26 days.
1M chart. To the Fibonacci Retracement at 68 at 1900 EUR in approximately 26 days.
I think a cup and handle might be forming. There is a support slope line on which ETC lays, the upward movement is steady and a run for the hills should be coming soon.
Eliot Wave 5 to come. One more impulse after the correction is finished.
Firs resistance was broken, if ETH follows BTC - next resistance could break leading a new ATH target.
NEO lost energy and needs to fall down until its first ICO closes to generate a new energy wave.
58 to 64 hours deciding point for NEO. Either accumulation and correction down to 0.0063-ish levels or breaking out to test for another support line at above 0.12-ish levels. I'm watching the CCI channel if there will be a strong buy spike or lowerish sell wave dips.
I think after the bearish shorting, an accumulation has been reached. Ethereum however having a hard-fork coming now might just wait and accumulate before breaking out for a run above the channel.
Too low to keep on falling - reached its previous resistance, now last support level. Bearish movement near its end before a bull run. Looks like a good time to buy today or wait until it breaks. iOS app in the app store next week. Ghost candles projection could be steeper rise if volumes are there.
BTC is still quiet and OMG has been brewing slowly. Time to buy at around 0.19 and sell at 0.22 if the volumes are there.