Expecting USDTRY to end correction around 4.80-5.00 and consolidate there for a while and start a new rally in 2019.
This is how trends works, never use straight lines or channels to forecast future of financial instruments. Trends are not linear, trends are exponential.
I believe 19891 was thye second highest peak of bitcoin history. A big decline will contunie for couple years (meaning price will drop slowly for a long time). I calculated the new bottom at around 3100 (2900-3300). Bitcoin did not complete the main up trend yet. There will be one more rally up to ?? (I have the answer of next peak but wont tell :)
Expecting USDTRY to complete C at around 3.39-30 and then start a new rally heading to 4.50++ We are at about the end of B. This will work as long as it doesnt go over last high at 3.9421. If it does, this analysis will be cancelled and will look for a new high at 4.25-30