There is some possibility that market can try here to make another huge wave up, as analogy to the history of chart (BTCUSD). But is this playable? I think if yes, the trader should now accumulate few altcoins (maybe 10 maybe little more) on arbitrage basis (accumulation fast for free), because there are some risks that this "wave 5" will not occur, but if it will, altcoins as a whole can make massive gain, much bigger than Bitcoin itself. Those traders, who not practice arbitrage trading cansimply decide to accumulate the chosen alts (like Cardano, XEM, TRON etc.) for 1 or few percent of trading capital and cashout if huge bump to new ATH will occur. Huge number of alts have own buy signals from January or February, based on my method, that i've showed on XEMUSD chart (see related ideas to that idea).
What can be the root of that massive upmove in crypto? One thing - temporary collaps of world financial system (around half of this year or in the second half of this year). There are some signs that this collaps can happen. But of course it should be temporary in nature. The real collaps will occur around 2025 year - but that is only my opinion.
The red line in June 2019 is only possibility of making new highs (with two months forward or backward from this line as a time area so between April-August time area) and basing on ermanometric analogy from the past, so it is not prediction only possibility.
What can be the root of that massive upmove in crypto? One thing - temporary collaps of world financial system (around half of this year or in the second half of this year). There are some signs that this collaps can happen. But of course it should be temporary in nature. The real collaps will occur around 2025 year - but that is only my opinion.
The red line in June 2019 is only possibility of making new highs (with two months forward or backward from this line as a time area so between April-August time area) and basing on ermanometric analogy from the past, so it is not prediction only possibility.
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Ermanometric calculation that i used is my mystery:) I dont want to show that for banksters. They will probably manipulate with markets accordingly to their will, but better not show this to them.
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correction top of wave "3" not "4"
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And when i will say that this attack on the downtrend line (logarithmic) was fake? When daily close will be under 3179. Eventual wave 5th can be in this circumctances postponed or if BTCUSD will go to 1100 waiting for 5th wave will end and will begin waiting for wave 3 or B. I hope now for scenario of faster growth now than later however. That's natural:)
blue lines with arrows are showing ermanometric targets for two blue triangles, basing on top of wave 1, bottom of wave 2 and top of wave 4 to estimate possible time of hypothetical wave 5th.