LTC lead the rally off the bottom, then rested while the brothers caught up.
Now that Bitcoin has had its sprint session, now should be Chikun's turn again.
Considering the "halvening" and other fundamentals, we should keep going up.
My Elliott Wave plots are questionable, as I am not an avid EW practitioner.
But my Fibs are SOLID and the zones will surely be important when approached.
Next 2-3 days might be fir consolidating, preferably just below $100 psych level.
110-112 is the minimum expected for wave V.
129-131 would be a slightly extended wave V.
148-151 would be a parabolic end to the wave.
* Drop below $72 invalidates the entire map. *
My previous analysis pointed to $86 as the recovery bounce
Now that Bitcoin has had its sprint session, now should be Chikun's turn again.
Considering the "halvening" and other fundamentals, we should keep going up.
My Elliott Wave plots are questionable, as I am not an avid EW practitioner.
But my Fibs are SOLID and the zones will surely be important when approached.
Next 2-3 days might be fir consolidating, preferably just below $100 psych level.
110-112 is the minimum expected for wave V.
129-131 would be a slightly extended wave V.
148-151 would be a parabolic end to the wave.
* Drop below $72 invalidates the entire map. *
My previous analysis pointed to $86 as the recovery bounce
Note
Extended V target hit .
Note
"Extended" target hit exactly. Now just the "Parabolic" one left Zoomed in, we see the precision of the Fibs
Now time to observe/measure the retrace (if there is one) to evaluate the likelihood of hitting the last target.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.