To be clear, I did predict the entire upward pattern. Those lines and "Resist", and "Moon" were there since the ascending triangle. At this point it needs a correction because I consider it slightly overextended. Since the ride up was so clean, I expect a clean elliott wave correction too.
@JasonChahine, 2 1/2 to 3 days. Ballpark 60-61,000 satoshis. If I had bought in over 60,000 satoshis I would take guaranteed profit now and wait for it to get back down to at least 69,000 (Near point A) before considering buying back in. But I've been way too right about this chart, so I have to be wrong sooner or later.
zahasman
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@RickSmash, It seems like we're now at point (B). Are we expecting another dive down to (C), or do you think we're back in bullish zone?
RickSmash
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@zahasman, I will re analyze when we get to point C. Will have to see the RSI, take another look at social media, draw up some new trend lines etc.
jvolpe31
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whats the analysis down t these levels?!!?!? I'm about to buy back in