BTC - These two graphs appear to be similar parabolic dumps - The RSI setups match also - The current dump distance should hit a target of around 5800.
Different view but again it hits at 5800
Here also 5800
That said Im very sure BTC is going to dump to 5800 . Ill say before the end of this week on May 23rd
however if BTC takes off above 8375 then this call is aborted.
Here also 5380 is shown as the target,
That should have read "Here also 5830 is shown as the target"
ill repeat that this prediction is no longer valid once BTC passes 8350 as the .50 FIb is measured from the 8350 mark
Also not that if BTC breaks past 8375 then the target now becomes 9700 instead of 5800
if BTC breaks the pink line and fails to bounce it can touch the 67xx mark -
This graph makes me suspect that BTC could dump from 87xx as the "head and shoulder" move down is measured from around 87xx - so if BTC moves past 83xx its most likely headed to 87xx where a move down can occur.