MJMeetya

BTC is going sideways. Top alts will raise!

MJMeetya Updated   
COINBASE:BTCUSD   Bitcoin
Similar is happening as on 25th Aug.
Dash, Monero and LTC are hot like they were back than.

This might show up as one of the most accurate description of this moment in time.

Here is my explanation (uncensored):

next few days are the key
so it might be just the other way around. retail inveestors will actually see it durring the weekend and say - "hey we dipped, but check how fast we recovered. i will buy this" (FOMO)
se we can actually go araund 10% more on this one. like it was before.
from 2800 to 3000 and then down (app 10 % more - May & June action)
and than 4400 to 5000 and then down (aap 10% more - August and Sept action)
and what could happen now is from 7500 to 8200/8300 (still around 1.6 Fibbonaci) and then down (app 10% more - Novmeber action)
...
this new Elliot wave counting would now make the most sense to me!
(i did not see that before, but man it look so obvious now)
(projecting it before it happens)
and this laso goes well with being in the middle of the lof scale and mainstream investors comming via futures on 20th Nov
laso = goes
lof = log
laso = also *
also makes sense with Stoch RSI - whenever you go down in such steep slope and so fast from ATH and you bounce back with so steep slope u get the ATH
at it also makes sense with timing in previous dipps - they happens in the summer time and around new year (+-)


Comment:
Elliot count is wronh here. Last 5 is actually 3! Was an old counting ans seems I ve put old chart.
Comment:
I expect BTC breakout from tommorow on. We should rise to 10% higher ATH and it will be perfect times for alts to also do ATHs. This could be catalisator (comming on Monday): chrisdunn.com/bitcoi...ad-cryptocurrencies/
Comment:
BTC was moving more or less sideways around 8000 as predicted.
Many alts were also on the run, many started the run, some are coming.
Will post my pick.

This is the BTC situation now:
Comment:
I will start counting how many of my pick were right, after I posted this post. I'm projecting BTC ATH from 8500 - 9000 before me make a turn.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.