Almost everything is clear in the curve. The blue line represents the first scenario, while the red color represents the second scenario. For the first scenario, it may rebound to the price of 17 cents from any region, whether from 40 cents, 44 cents, or even 57 cents, In case we get there
We expect the price to rebound from the level it is currently in, because it is an important resistance, and it is the resistance of the blue channel
We are now formingIn the fifth wave for all the descending pattern, and the fifth wave is likely to consist of five waves or three waves, specifically we are now looking at the second corrective wave of the main fifth wave
I expect that there will be more decline for the cryptocurrency market, because we have obtained the sub-wave C of the primary wave, which is the B wave, and we are now in the process of obtaining the primary C wave, and it will target us at the 44 percent and 50 percent areas, and this is often followed by a drop or correction in the cryptocurrency market.
We are now in the gray area, and the price will not make any movement, until it crosses either the red upper line, or the blue lower line,
First target will be $300 then 400 Then our last goal is $600
In the event that we can cross the 1.4 trillion dollar level, your has to fasten your belts
The chart speaks for itself Follow me for more
The chart speaks for itself
I see a good opportunity to buy XVGBTC Also a group of other currencies will make a good bullish move
I might seem very optimistic with this analysis, but let's be a little crazy, Bitcoin has exited the danger zone, despite everything it has gone through, and today it is inside an upward channel and most likely it will correct On the support of the channel before it completes the rise to the target, which is the new resistance. Watch the accuracy with which I drew...
The near future of Bitcoin is between 3K-This is the worst case scenario- or 40K, than 170k -This is what technical analysis says without any emotions- Hear and understand this!!,The digital currencies will be the future of the world, You have to believe this Anyone who reads the history of money development, Will understand well that digital currencies will rule...
Yes, as it is written in the title, We think that Ripple is on the verge of a big bullish wave. and The crypto market in general will have this bullish phenomenon.
Long investment deal The time period is eight months
Bitcoin between a slow downward movement and a fast upward movement