Decentralized_Crypto

Decentralized_Crypto

This channel lines up very well with price action! I still believe we are in the C correction wave of the finished impulse 12345!

Decentralized_Crypto

Test the top of the descending channel and then a break down to the .618 Fib!

Decentralized_Crypto

(Inverse Chart) -Break out of Pattern -1st Target $4200 -2nd Target $3200 -3rd Target/Bottom $1800-$2200 (True Capitulation)

Decentralized_Crypto

(Inverse Bitcoin Chart) Just under $2000 is the target for this move if we drop the same way we did before!

Decentralized_Crypto

We are flirting with a Long Term Trend line which we have already wicked below it appears! Bitcoin needs to make a decision soon to continue in this falling wedge pattern or break out of it and continue this Broadening Wedge Pattern! I believe we will completely break the trend line!

Decentralized_Crypto

(Inverse Chart) -12345 Impulse Waves -ABC Correction Waves -1:1 extension of the A wave to the C puts it at $2203 with a potential capitulation wick down to $1799 which hits the .5 Fib -Macro Broadening Wedge -After capitulation we would then have a bounce and then accumulation for months before the start of a new uptrend which leads to the next bull market!

Decentralized_Crypto

The inverse bottom looks to be in! Lol... We seem to be in the beginning of a Macro Broadening Wedge! I have always believed that we are headed for a much deeper correction than anyone wants to believe! As you can see the first target zone would be at the .5 fib and then the ultimate target at the Golden Retrace of the .618 which coincidentlly lines up near the...

Decentralized_Crypto

Nano USD has broken out of a Cup and Handle Pattern on the Inverse Chart with a target at around 27 Cents with possible further correction to the upper line of the Channel!

Decentralized_Crypto

NANO broke out of a very nice Cup and Handle Pattern on the Inverse Chart that has a target move to around 500 sats!

Decentralized_Crypto

Broadening Wedge still in play with a potential target to $.001

Decentralized_Crypto

A couple ways this could play out! 1:1 extension of the A wave to the C wave puts us at under $10! Triangle ABCDE Correction could take much longer until market decides to break out of it completely to either the upside or downside. Symmetrical Triangle is formed after obviously a macro uptrend so that could lead us breaking to the upside if our Macro Bullish...

Decentralized_Crypto

When in doubt just inverse the chart for a different perspective! .5 Fib I will be looking at resistance since we are inverted! Then retrace, consolidate, and test .5 a few times before breaking through to the Golden Retrace of the .618 at 5.8 cents!

Decentralized_Crypto

Here is the second fractal I mentioned in my other XRP chart analysis that is posted!

Decentralized_Crypto

The similarities are obvious! The 2014 bull market bottomed much quicker then our current one before it consolidated in a range for about 1 year and 4 months! After that the bull market we are still recovering from started! I can see this playing out like what is charted or similar to the November 2015 to February 2017 consolidation zone after we have reached the...

Decentralized_Crypto

12345 waves up since the beginning and now a massive ABC correction. The 1:1 extension of the A to the C puts BTC at a price target of 2200 with a possible capitulation wick down to 1800! Then a nice reaction bounce followed by the boring accumulation zone for months before a slow and steady climb to all times highs and beyond!

Decentralized_Crypto

Here is a possible massive ABC Corrective pattern playing out! A 1:1 extension of the A wave to the C wave would lead to a target of $9-$10! This also coincides with the .618 of this entire run up since April of 2015! *An ABCDE Triangle pattern could still be in play as well! (This chart is inverted for a different perspective)

Decentralized_Crypto

Looks like we are headed for the top of the channel which coincides with the .618 retrace! Rejection means headed back down to support of breakout then potential bounce and then fail of support to the 5500 range!

Decentralized_Crypto

What do you think comes next? ;) Daily close!