The main indicator is the breaking of the at 0.0010750 sats #BTC.
After finishing this fifth wave (but in the next few hours). We must wait for an core and consider this recent high as the first wave on the and the correction as the 2nd wave to measure the 3rd wave, the strongest and most profitable.
Ps: This projection depends, among other factors, on the stability of the BTC's price or its return on investment.
Let's wait and see what happens.
However, the analysis I have done is for a slightly shorter period: days and maybe two or three weeks. For the short term, I would expect the end of this fifth wave on the 4-hour chart and the ABC correction to come in. For this correction to be confirmed as the 2nd wave of a larger wave (daily chart), it must go up to 0.0010000 sats, otherwise a larger correction ABCDE may follow, followed by a consolidation zone and discard, per hour, the Elliot Wave theory.
Note that the RSI and Sotchastic Oscilator indicators are entering the overbought zone, so there is the possibility of a correction on the way in the short term.
Note that the RSI is forming higher peaks until reaching the overbought zone, corrected up to level 50 and is rising until the zone overbought again. This last peak can confirm the 5th wave if it is smaller than the previous one (black trend line in RSI).
This is my just my opinion. Remember that your investments are at your own risk.
Thanks for interacting. I will be available to exchange more ideas.
Do not forget to keep up with the next BTC movement. If BTC falls, all Alts fall as well.
You're welcome. So I invest in Altcoins seeking to increase my estate in Bitcoin. You see?
Looking at BTC now, note that it is on a not too steep high channel and has a high trend line being tested. On the daily chart, I believe BTC is still in a reverse wave and has not yet finished 5th wave. However, in this case, I expect to be wrong and BTC will rise again: D.
I will try to keep as much informed as possible.
Good!! They always give good tips, but it's good to try to do your own analysis. Even though alerts do not always reach their targets and can sometimes be answered. It does not always work out. It's part of the game. I am also following Zil, IOTA, NEO, NANO, BNB ...