Just recently learned how to use Fib Time-zone so please go easy on me. Look's like Wave 4 is complete as there is some support on the bottom channel. Wave 5 is now starting and should be complete at around 40 cents USDT by Nov 12-21, 2019.
Looks like Aurora Cannabis has formed a 5,3,5 ABC zig zag correction. The C-wave should bottom out around $3.60 area. From there, we should see a motive phase to $24 if the 161.8% fib plays out late 2020.
If my EW counts are correct, we could potentially see 71.307 area for wave 5.
Looks like EOSUSD is on Wave C leg of the ABC pattern. If no extended waves I see EOSUSD going to $3.347 range.
Looks like the ABC flag for BTCJPY is done and is forming some sort of Wave 1. This coincides with BTCUSD which is done Wave E if you look at my previous charts. I'm predicting a 1.9million Yen for the next run.
This will be the final leg up to $8362 before breaking down to $7500 region. To complete the bigger wave C and the end of the wave E grander flag formation. If you see my older charts I was expecting a price drop to at least $8500 to complete the 50% retracement of the last mini bull run.
We are on a grand Wave 2 (ABC pattern). According to fibonacci extension and if we are in fact in Wave C, we might be seeing $40 Litecoin in the near-ish future.
Looks like wave 4 just finished and onwards to wave 5. Expected target $13000
Sorry, I shit the bed on TA again. We are headed for $13,000 get ready.
Looks like BTCUSD is forming an "ABC" flag pattern. We will likely need to wait until this pattern is finished before we drop further. This type of pattern will likely shake out a lot of weak hands.
There are 2 bullish scenario's at play due to BTCUSD's impending drop: Scenario 1: -BTCUSD's impending drop will move BNBBTC's price up to the top of the flag at 40,000 sats Scenario 2: -Bull flag play's out and we are going to 60,000 sats
I think that Wave 3 was extended so I am going to go long at 23.6% fib which is approximately $10553.5...can vary a few dollars from here. If I am wrong 38.2% fib would be the entry @ $10321.5 give or take a few dollars.
One more Wave 5 push downwards and this bearish trend should end.
After I screwed the pooch on TA yesterday, I noticed that BTCUSD and ETHUSD are no longer following each other. Bitcoin has lot's of upside and Ethereum is already on downside.
I retract my earlier post for ETHUSD, we are not going down yet. Infact we will go up more.
I retract my earlier post, I drew something i wasn't suppose to draw. We are still on Wave 3.
XTZ just finished Wave 3 and is heading for Wave 4, don't worry there will be one more push up when Wave 4 is finished. We could see 15,000 sats.