I have corrected my weekly chart for $XBTEUR, since I had made a small mistake on the intermediate term forecast. The weekly chart shows we can rally for one more week here, before getting a consolidation or correction, and the target for it matches the long term top target for this pair. There is a catch, if we convert the Bitstamp long term target, from USD to EUR, we get roughly to 3000 Euros for the top, so, I am inclined to aim for this lofty target in this pair as well. I will continue to hold BTC, and add if we get a correction in a month or so. My goal is to maximize my exposure to BTC when it counts, which is, right at the end of a correction or consolidation phase. So far, my timing using Tim West's proprietary trend analysis and trading methodology has been impeccable, so I expect it to continue to work until this trend tops.
Best of luck,
Ivan Labrie.
Best of luck,
Ivan Labrie.
Comment:
$BTC might start a correction or consolidation soon
This might boost altcoins meanwhile.
Comment:
Uncanny...huh?
