We are about to broke the ascend triangule. Having saw the previous fractals, two conclusions: Time to perform a big fractal and continue with long term wave 2. Risk ratio huge :)
Support line below works for both scenarios Red resistance line will create a bearish scenario, once we reach 18k USD, will be a signal of bearish market. time to sell Green resistance line will confirm bullish tendency. If price stops at 16k or 16.5k I will entry at E wave Hope you like, this analysis is based on Haejin Lee from steemit. Maester!!
Maybe we are not going to complete b on the pattern. target around to 2x Fibonacci to be conservative, but it will be just wave 2... hold for long but take some profits on selected area
My projection, being conservative is that we are on wave 2, targeting and inner wave 3 on 1000 USDT to complete wave 5 to 14000, then we will see a correction that i will update cheers
ADA/BTC can start a wave 4 formation. Correction until first of second Fibo level to look for new highs (wave 5)
MANA has broken out the triangule after finishing Wave 2. Now is time to reach new ATH. This shows you that normal wave 3 (not extended) will give us 1.3k Sats .This is because Wave 3 = Wave 1 *1.618 Fibo If wave 3 is not extended, wave 5 will be 2.1k Sats If Wave 3 is extende then we will have these levels: Waves 5= (Wave 0 * Wave 3) * 0.618 FIbo =1.7k...