If we are to have a fourth channel will it be Ascending? www.babypips.com
Bitcoin she has all sorts of targets now, so I will say as per chart for now! thepatternsite.com
Takes us up to 25/10/17 Fork nicely with this Elliott Wave Impulse sub-wave and a Target : $7174?
Seems everyone wants another retrace but targets not yet met on the Inverted H&S or Elliott Wave (5) which in itself could extend? Upcoming fork may suggest strong bitcoin until then. thepatternsite.com thepatternsite.com
This in my honest opinion is a correction of Wave 3 so target $5135 ~ $5273 for end of? Target end of Wave (5) $5895 ext $6696
As long as we do nothing stupid I think these two targets are achievable? Target 1 : $6252 Target 2 : $6963 Both these targets assessed on my Elliott Wave analysis only and so open for debate no doubt.
Not a common pattern so let's see if it works, so targets as before? We have retraced 61.8% of the current rise so let's see if it holds!
Saw this in another coin recently and has a similarity! Also in line with EW projections. Measurement B + (Half the rise leading to the Top) thepatternsite.com Target : £4489
I believe this may be close to the truth although I am not an expert on Elliott Wave! Predictions as to the length is not something I can easily do but hold fast with the target 1 : $5966, after which the extension may or may not be met? www.youtube.com
I think this has merit although incomplete, so Targets as per chart estimated ~ correct on breaks! thepatternsite.com uk.images.search.yahoo.com
thepatternsite.com Target : £4100
Another stab at Elliott Wave with a Target for (V) which coincides with the "Rising Wedge" up breakout? Target : $5269 thepatternsite.com
Far from nailed on yet but has merit? Targets only estimations until pattern fully formed? Volume will be a key indicator!
The break of confirmation line and rising wedge convinced me enough to go long with targets as per chart for Cup & Handle and Adam & Eve Bottom! thepatternsite.com
After breaking the confirmation line I now consider this to be the case. Target 1 : £3450 Target 2 : £3714 thepatternsite.com
Waiting for any pullback from this rising wedge up breakout to re-enter. Target initially without pullback : $5604 thepatternsite.com
Seems likely possibility with Targets :- Up breakout : $4608 Down breakdown : $4006 thepatternsite.com