ABC veya ABCDE formasyonunda ucgeni kurup ardindan yukselecegini dusunuyorum. 2. ihtimal -->
Expectations in short term: EUR/USD: 1.215 XU100: 103.000 USD/TRY: Min 5.70
For a long time already BTC and many alts stuck under some price. Some of them like EOS were more fierce than others in terms of ramming that price range. Now I believe we are about to witness a very smooth H&S pattern at XRP. Let's hope that whales want a bullish break at BTC. Alts will follow. If you find this chart helpful please consider donation: - BTC:...
For a second, let's just forget about wave counts in this mind numbing puzzle of BTC shall we? This pattern very much look like a Leading Diagonal pattern to me. In popular alts like EOS, IOTA etc. we were able count very clear wave structures and I believe there is some sort of parelellism among all coins thanks to BTC being the king. I believe there is more...
- As you can see IOTA is about to complete a rising wedge. It hit a standart 1:1 3rd wave and about to hit 1:1.618 5th wave, being the top of the resistance line. - I can guarantee that they will sell the news (see: kryptocal.com) If you find this chart helpful please consider donation: - BTC: 1HGdrfsRckVe8hPTfk23EHnYxtCkNu4oXV - LTC:...
Chart speaks for it self. We are at the apex of a falling wedge. Bearish convergence: 3.bp.blogspot.com Please consider tipping: - BTC: 1HGdrfsRckVe8hPTfk23EHnYxtCkNu4oXV - LTC: 1HGdrfsRckVe8hPTfk23EHnYxtCkNu4oXV - ETH: 0x31613445dda19ed940421e77091ed61ebc729eba
There is a bigger picture that we are all missing in BTC: -Rally from 6000 to 11.5k was the 1st wave. -2nd wave didn't broke the 1st wave since it didn't retrace %100. With 14-16 May annual consensus I think we will see the might of the 3rd wave. The best part about this 4th wave won't retrace as much as 2nd wave because 2nd wave was complex and retraced...
We are about to witness a butterfly pattern very close to biggest resistance of the downtrend. For more info: project-support-basis.blogspot.com.tr Bigger outlook:
Looking back to XVG, ADA seems to be targeting 0.236 fib level. It has already broken the 0.382 level without any resistance worth mentioning.
ETHLEND did well. I don't suggest for weak hands to buy more because we already hit the price without any big news about this coin. Tho you should consider that this 5 wave structure is the 1st wave of a bigger 5 wave structure. Im expecting a correction towards 1100-1170s (depending on sentiment) before a further jump.
Keep in mind that BTC hit a resistance and about to do a correction. Im expecting to hit 700s for now. So don't expect moon yet. Lets hope that we can catch up with BTC's waves. Because of binance there has been some disharmony between them. That means we have a risk of not being able to reach 700s. For my BTC chart:
Ending diagonals are signaling a trend reversal. I wouldn't believe that PRO and TOP players %200, %300 anticipations for a while if I were you! Take caution. goo.gl