A detailed probable path for Vertcoin Daily Price Progression. The main tools I've used in this TA are Fib Retracement, Fib Fans and simple channel paths. Regarding Elliot Waves, the price is leaving the 2. Recently price broke out of consolidation at $4 reaching $7 going over the top of the 2nd channel (blue). At the time of publishing, the price has had a...
Here's what I'm expecting to see in the next hours for bitcoin price progression. I believe we're right on the edge of another push, actually the "final" push to close above the $15.000 (and with eventual pullback).
Same idea as original posted but on the 1h timeframe... Original 4h chart idea: Comment with the 1h Chart Follow up: www.tradingview.com
After this big run, it's expected to see a big pullback... everyone has been waiting for that big pullback... I guess it's now, hit the 17K top and any new floor bellow that is a good floor overall. I guess the idea behind this big push was just this, to take the price to a level that once it started to pull back, in worse case scenario the price would go down...
Looks like it's about to start to make a move to test out upwards resistance. I recommend keeping an eye on that market.
Just following along and this looks like a possible momentum to a price breakout... we'll know soon enough.
Daily Chart for XLM aka StellarLumens and the probable price progression according to Fib Fans & Fib Retracement tools. Typical Elliot wave formation and price swings until reaching the $0.14 for new ATH.