If the current pattern goes like double patttern and hits 39k then we can expect ATH around 80K and during this phase, we can expect ALT season as we know. Always, before winter is coming, there was a massive growth of ALT. Also, when BTC hits ATH, it was always the end of year
As time goes by, 100 EMA will rise than now and when hit it on 3D candle(around 55k), it will be the last chance to buy the lowest price we can buy before BTC goes to the moon
Keep in mind these two possible scenarios, they could play out
Currently, BTC is moving in the expanding triangle pattern This scenario valid until we have the resistance between 38.2% and 23.6% of Fibonacci retracement level and the price dumps from here
1. Yellow boxes looks similar 2. Fed officials say bond taper could still start this year, November 3. Mid-autumn festival of China on 18th ~ 21st of September - there were huge drops before
The current patterns moves exactly as the market crash on 5/19 and also bulls of BTC has no strength so far Therefore, there will be one more time for bears
1. W 1/HH 2. Maintain between 0.382%-0.618%(50%/61.8%) -W 2/HL 3. Both side reached to 161.8% - W 3/HH 4. Candle closed on 100% both on 127.2%- W 4/HL 5. Maintain 127.2% and bounced to under 127.2% on Fib. wave 2 and wave3 - W 5/HH
XRP is drawing short corrective phase Wave ABC -Wave A on 8/1 Gan fan line and Waves B will be high as left shoulder -Wave C will be go as much as Wave A falling if it goes further then TP: $1.14 - $1.25 SL: $1.08
XRP is drawing short corrective phase Wave ABC, if it goes further then TP: $1.14 - $1.25 SL: $1.08
1. W 1/HH 2. Maintain between 0.382%-0.618%(50%/61.8%) -W 2/HL 3. Both side reached to 161.8% - W 3/HH 4. Candle closed on 100% both on 127.2%- W 4/HL 5. Maintain 127.2% and bounced to under 127.2% on Fib. wave 2 and wave3 - W 5/HH