Sparkinflint

Sparkinflint

After running numbers for the last 48 hours straight; I've come to the conclusion that BTC/USDT will either go up, down or sideways. Thank you very much, everyone. Round of applause to TA once again. /s

Sparkinflint Updated 

Looks to me that we reached the terminal end of the 5 wave impulses and will now go into correction. We may see prices hitting the top trendline but more likely we go for one more cycle down before we see a breakout in the upwards direction.

Sparkinflint

I'm quite new to elliott wave analysis and trading in general, but it looks to me that the most recent rally downwards was the wave 5 of the cycle and now we are seeing a correction upwards to the upper trendline of the wedge. Whether or not we break out will depend on the whales/cartels and how the cryptosphere is in the coming weeks. We are in for a world of...

Sparkinflint Updated 

We may see a possible bull movement from IOTA if the uptrend is confirmed and the support level holds. Sadly not too likely as volume is low and MACD has just crossed. But keep an eye on IOT as if support breaks we will see a dip.

Sparkinflint

Looks like BTC will be resting for abit