Possible to find the bottom here! See you in the Autumn!
Bitcoin will bottom inside this BOTTOM box. All of my analysis confirms this statement. Keep in touch for further updates for BTC!
Right now ETH valuation has been rallying from the 1700 level all the way up to the 2640 level. We are having two bearish divergences: 1. Volume(yellow line) is declining while ETH/USD valuation was increasing. It means people are taking a step back from opening new trades, as ETH valuation increased drastically without any major correction. It shows that bulls...
Exactly as I predicted in my last post, ETH came and checked the 2400 price area. As ETH fully accomplished the Elliot 5 waves pattern, I believe it will create ABC retracement as I drew in the chart. I also used Fibonacci retracement levels to see important price levels and VPVR to see the price levels where the most volume was traded.
Once it breaks the resistance, it will face resistance at level 2400. Once it breaks the 2400 level with huge volume, it will create a W pattern and the price target will be 3050usd. Let's wait and see!