Cup and handle pattern = moon?
Time cycles and fib retracement + resistance levels lead me to believe we'll see a run up to .0150 before cutting back
Using timecycles and fib extensions, looking for a top around 230 in the next few days.
According to bubble structure I would say that we are in the complacency period or "return to normal". I don't want to say it will dump that far, because I don't want it to, but I do think it will dump, and it is possible that it goes that far.
So if it breaks 9400 sats, which is looking super likely atm, this is what I think will happen.
This is pretty bullshit for me gunna be honest, but I think it is possible. Highly correlated chart to OMNI/BTC, and just look at that bad boy. Anyways i'm buckled in and ready for the ride. See you at Mars
I don't like shorting, so when I do short I try to make sure I have the highest probability of success as I can(derp), even if that means taking the potentially less likely scenario. In this situation, I think that it is somewhat likely that $ETH tries to shakeout the bears one last time before it enters a bear trend, leading to one last spike up to .0816 before...
I think that we will continue to see declining prices over the next few weeks while Bitcoin stabilizes. The next market cycle will be glorious.
Extremely hard to call the top of this ridiculousness, but 25% gain in the last 2-3 days? yeah right. Anyways, looks like 3.168 fib levels match up against 3 different points in btc's history. Hard to tell with varying exchange prices, but seems like a good time to sell regardless.
Looking for 10k syscoin price to be reached within the next week. Syscoin to the moon.
NXT to 5.5k within 3 days
If $BTC keeps following the current trend it should end up around $2700-$2800 by July.