Previous So I close my positions now and i will be waiting!
The ideal target is only one step away and a deeper correction is very possible after that! If the price broke a strong resistance level then forget for backtesting and be ready for huge upside movement.
If Beam will have enough power to break out from wedge than Beam can have a huge upside movement! If it will be rejected from the upper wedge trend line than the lower wedge trend line will be the second target.
After backtest be ready for new fly!!! Target somewhere at 0.005
The area for watching is the level of previous low,fibo ext. 361.8 and last wave of the smaller 5 wave cycle (What is anyway a good sign for a reversal but also correction should come).
Maybe the double bottom will be enough strong for reversal. Maybe. Starting from here
The situation of ADA BTC is looking like on pics and I believe ADA has still good potential in the near future just like another top 15 Altcoins!
EOS is a big mystery for me still and the only thing we can see here is what levels have some importances at the moment and the nearest future.
A few possible scenarios can be right now! -Fakeout -A breakout above the line of previous lows -Rejection from the upper trend line and movement to lower trend line of Chanel-wedge I am voting for the last one!
The market will decide does XRP accumulates enough power in self!
The most important area at this moment is around 19-20!!
We start from here following by and after fakeout the general picture is still the same
In the longer term, WEAT can have a strong price again!
In the short term, we can wait for upside movement up to the Chanel-wedge line. If the price broke this level and make a huge upside movement than we have the target area showed on the chart!
I have two possible targets for this pair but and first target is reached! It is a big possibility that T2 will be never reached!
And an opportunity for Holders starting from tomorrow!!!!! BNB 14 Days (10% annualized) 0 BNB / 0.00% 100,000 BNB Preparation Subscription: 2019-10-02 14:00:00 to 2019-10-03 02:00:00 Lot Size: 10 BNB Maximum Subscription: 50 Lots (500 BNB) Coupon Per Lot: 0.038356 BNB (10.00% annualized) Value Date: 2019-10-02 14:00:00 Redemption Date: 2019-10-16 13:59:59...
Correction a little bit deeper than ideal but still it looks OK! So if the price will be enough strong to brokeback this level then it will be ready for a new fly!
In the same time waiting for stronger BTCUSDT upward movement!