With much discussion whether recent levels are the local bottom for now it is possible in my opinion there is one more leg down to test the pitchfork and lower uptrend channel shown in yellow.
Therefore, break of the $750 recent low would have to be broken?
Thought ETHER was finished but after reviewing this chart decided to pay it more attention again!
Short term short , long term maybe thinking about having a long position again?
H&S is far from perfect but it played out!
I have decided to do this chart in my own currency GBP.
Ever optimistic ...well you have to be as a Bull, I still think as some serious testing of pitchfork levels and the Channel shown in thick yellow lines. As I don't think the motive phase has finished and this is correction ABC in Wave 4 so there is likely to ...
As always with bitcoin it does not fail to surprise with China steaming ahead to Y8888(very dubious) whilst western currency pairs lagged behind although the $1110 ~ $1140 was always targeted not expected by me and many others I'm sure. We are now into ABC Elliott Wave pattern to point Wave 4.
Maybe the 61.8% ...
Still on target with resistance(diagonal purple line passing through notable levels) caused by perceived top and hence profit taking, although the question now one big weekly candle to top out or a fourth?
Decided not a bad time to go long XMR, CS came out of Ichimoku Cloud and expect it to closely shadow BTC in near future but overall bullish.
Obviously a bit of work to do before then but Target 0.03978?