It is not the right moment to carry this coin, I think it will take a long time to get another LB
Using the Elliott wave we are in big ABC wave.and we are in the last one the 5th.
In my opinion, the last wave in the letter "C" in red indicated it was the last five wave
This wave will be a ENDING diagonal WITH 3 waves inside (3-3-3-3-3)
i think we have finished...
This is the second scenario if bitcoin go under 7300 to 7100 so the correction wave was finish in 10045 and now we
will go down
using elliote wave bitcoin should go down in 5 waves or (wxy).this is the more posible scenario
there is 3rd one if we go down the bitcoin can't go under 3700 and made a triangle (abcde)
so the signal is the price zone (7300/7100)
To be honest with you i have 2 scenario about bitcoin prédiction
this is the first one and i have one important condition in order
that this predection will be right.the betcion should don't go under 7400$
if that happing the up trend is finish and we are in the news correction there scenario to go under 3700
so in this scenario we ara in wave (B) in this wave...
i think that is one of the coin that give a good signal to buy to invisting for long
the action can take more then 1 month but all indecater give signal to buy
using elliote wave we are in the end of along wave C correction and the time is the make an actions
i hope this will help you to make a good desicion.
take your time befor made any action
this is a predition based in elliote waves and harmonic pattern ,but we need more confirmation
1st one in this month bitcoin should go up to 11500 to give us a good signl that is in the first up wave
2nd after correction the bitcoin should not go under 7000 dollar and this willbe the second wave
3rd we need the last confirmation to break the last top at 14k then...
I THINK we have passed the down waves and we are in correction waves so for me i think it's a food time to buy xrp
but the best time to make action for buing xrp it'w when we go up this price 1.15.
i Wisg it's heplful for you
we are in down canal pattern and we have last change to go to the moon
but the bitcoin should not go under 8450.
if we go under this price i think it will not be easey to go back and we will waiting for an other month to go up
update of last chart after ABC waves we have two sinario
1:it's good time to buy bitcoin we will brok the down trend line in order to have double bottom
2: bitcoin can't brok the trend line we go down for last time and then go to the moon
it's good time to stop open any new trad for sell or buy you just watching the moving of the king :)
week after week we waiting for the good time and good waves to buy bitcoin for long Invistance
but with this setuation we have too scenario.
1-/good one bitcoin will have double bottom and then it will be good news to go back the the moon but we have first resistance line at 7541 dollar if we break this line in this week it's very good news.