Wait for good fall guys. That's over. I got same charts for LTC, XRP, ETH And they are right here ETH LTC XRP
We have nice 0.618 fibo at 0.74 (thats our target) I've expected going to that point without drawing handle today, when bitcoin could break 4380 resistance. But we see what we see. We have bad drop with bitcoin dump and less than 50% fall (50% of cup) Bitcoin can go lower today or tomorrow but i guess iota is not going to push that 50%. Looking for opportunity to...
CVC is not going to break now because BTC has bearish divergence and this chart is symmetrical to BTC. Target ~10700 0.236 fibolevel. Will buy right there.
I don't think you should expect anything from long positions for now, because we should wait for some bad news and bitcoin breaking these uptrend line with very strong support. I'm waiting for at least 50% correction. I don't think we will break 3000. I don't think we will close lower than 0.5 level (3400$) maybe some squeeze on 3200 but not lower. Possible...
We are not going to hit 4300+ now, there is bearish divergence and harmonic pattern that have "played" out. Next target is 0.618 fibo level 3780.