This is the moment, are we going to break the bottom line or is it time for another run up. I still think that we are going down down long term but for now it can go either way. If it breaks the line i'm going short otherwise wait for confirmation and go long.
I think we will get a small break out, but to much resistance lines nearby. Just waiting on the next big drop.
We are taking the elevator down but the question is, at what floor will we stop. I think below 6000$.
I think for the coming day's we will go sidewards followed by a drop down to the 7100-7000 area.
Yes we are there, my target of 7100, the big question wil it bounce in this area ? At this moment all the indicators are bearish, so we have to wait. Next stop is the red resistance line, this one is so important. If it goes below the red line we will see a panic selling phase.
But what goes up fast, comes down even faster ! But it's looking good.
I think we get a big bounce at 7100, after that ...?
It took some time but BTC is going down !
I had a target of 7100 for a bounce, but there is a big focus on the 6900-7100 area. Is bitcoin going to hold, if it breaks the red line we go much lower. What to do ? For me don't take any risk and just sit this one out.
We are almost there, the end of wave 5 and the start of a ABC correction
What's gone be, up or down ? I think we will break the resistance line and go higher, otherwise it's time for a ABC correction.
For me the big question is, what will happen if BTC breaks the upper trend line ? I'm expecting a ABC correction because we are at the end of wave 5, but all the BTC news is so positive. So what to do, for now HOLD and set a good stop loss.
If BTC goes down, NEO will break out otherwise we will keep on going sideway's.
Zcash is still in a uptrend, just a small correction at this moment. I think it will go up to finalize the fifth wave.