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Retested the rising wedge. I expect another 10% drop if the weekly closes like this. Very bearish weekly candle + september has never been a good month in the past. back to 43-44K

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we are now retesting the last retracement level before we see 50K. we are now here ! $50800 next around the 1.618 fib extension

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symmetrical bullish triangle. Up we go from here Ethereum shows lots of strength against bitcoin

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The dollar is back at resistance & very close to the 78.6 fib retracement level. This is a MOB (Make Or Break) situation. We can fall very hard from here or we can get back above the trend line to higher levels.

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Possible scenario if we break this trendline. All ema's on the daily are around the 37K level. 8,18 & 55 38.2 fib level aligns as well if we retrace. A correction is needed to sustain the trend.

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We broke out the trendline ! let's see if we can get a retest of that trendline or around $31 600 which is the daily close support level. Should form a beautiful inverse head & shoulders pattern back to $ 34 500

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It's pretty obvious we're heading to the 40's now. We are forming a perfect eliot wave. This is the last leg (5) down to our bottom structure. All the RSI's are oversold + Bullish divergence is showing everywhere. $0.46 is also the weekly MA which is very important.

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in all the cycles since 2014 $BTC never went below the 50MA (moving average). The 50ma is an average of the last 50 weekly candles. structure is overall bearish but this indicates a very bullish momentum incoming very soon. We will bounce of this trendline anytime.

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We closed previous week candle below all the support zones from the previous weekly closes. We are now trading below this zone which indicates a very bearish continuation trend. If we don't bounce here $27 800 is next ! alts will crash again when we don't bounce.

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We are forming a rising wedge / bear flag in a bigger descending triangle. IF we break the blue trendline (green box) you know what's next..

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We've seen a -63% correction in 2017 (previous cycle) before we did a 1500% gain 4 weeks later. We are now at a -66% correction in the market. If we copy previous cycle it would take us to $10 very soon.

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Perfect ABC correction with a beautiful consolidation afterwards! Building up momentum for the next impsulsive move to the 1.618 fib extension at $0.284. If we close today above $0.066 then the next resistance is $0.107 & 13.7.

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Bitcoin has always retested the 21EMA in a bull cycle when there was a correction happening. We just retested that ema again & if you look at history you know what will happen from here.

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We can make an inverse h&s pattern from here which brings us automatically to the previous highs at $2 Or we can break this resistance & use the fib levels as our next resistance levels. 1.55 & 1.73.

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It can fall another 10% before we see more upside momentum. If you look at history there was always a retest of the 100MA in a big correction which align with the support levels. altcoins can fall another 20% be aware.

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Once we break the blue trendline we are back in full mode to higher targets. Next stop is the 1.618 fib extension at $2.83 which align well with the weekly close resistance at $2.75. (orange box).

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Very healthy retracement is finding place. We have made a full elliott wave so a correction was needed for new structure. Next stop is 38.2 fib level around $1.45 which align well with the support levels. If we break $1.45 we can see $1.11 which is the 61.8 fib level.

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We are again ranging in a symmetrical triangle which leads us to the 1.618 & monthly resistance at $1.90-2 when we breakout to the upside. This is also the fifth leg in an eliot wave structure.