SmilieLion

SmilieLion Updated 

I haven't been looking at BTC much, but a brief look today gives you the 2 possible directions it could go. It depends on the swing of public opinion as the support line is an easy bar to keep above and a failure here would mean a much longer time for BTC in obscurity. However the asymmetrical triangle will resolve and we will get to see whether to be bullish or bearish.

SmilieLion Updated 

Currently Bitcoin is in wave 4 correction wave. Wave 3 did not exceed wave 1, so wave 5 should not exceed wave 3. This is why I believe we will not go far beyond 6000. However, using another Elliott wave analysis style we can see that the prediction is more around 8000.

SmilieLion Updated 

Further to the prediction of DLavrov () ETH is now showing an inverted head and shoulders with the right shoulder almost completed and uptrend line still instact.