BTS is looking very weak so far and is sitting on the 0.236 Fibo, if it break down this I am going to short it all the way down to 0.786 Fibo ! This might happen if BTCUSD get weak too, bringing all alts with it. This is a plan B just in case the market got bearish !
BCH got out of sideway channel and is ready to shine getting past this red dash resistence on Chart
On its mini 5th wave may provide good results
We got another new Low and BTC needs to break out the down trend line to engage for ATH. I am hedging the position with a margin ETHBTC on another related idea so far. Time is running out !
Lots of accumulation, where it is going, it is going to be intense !
It is currently on the 0.5 Fibo, target on 0.768 Fibo
XRP is looking weak, the risk reward is good for a short position, stops very close just in case.
This is the picture as I foresee what is coming ahead to fight for: The dash lines are previous TOP pushed from recent past we will need to break 1-2-3-4-5 Elliot waves pattern Fibonacci levels as close to pixel perfect I can predict, those are the target usually at 0.786, 0.5 and 1.0 So again another waves pattern, this time an outer major one on the...
A bit of risk here, lets sell/short margin all the way, if possible, to the target on fibo 0.786 and possibly 1.0
I think once and if BTC cool down a bit, maybe after hitting the first resistence line, some alts may offer good oportunity of entry. I will put this on the monitor, not joining for now, just an idea.