If bearish trend persists per this harmonic extension we could see $3000 BTC end of year 2018.
In previous charts a "damped sine wave pattern" seems to be dominating the $BTC price movment. Is there another force at play?
Extending the current trend into larger BOLLs with fib values gives us this chart.
Larger interval fibonacci values plugged into BOLL seems to indicate useful levels.
$BTC finding support on the BOLL(987,close,2)
These larger intervals are very useful and they illustrate support/resistence thresholds that seem to go unnoticed.
Once this little scare gets behind us... $ZIL ought to keep moving up.
$ETH bullish in longer intervals.
$LTC.X Bullish. Naysayers be damned!
These "corrections" are opportunites. Naysayers be damned!
Applying larger BOLL fibonacci values.
I've applied VERY LARGE FIBONACCI VALUES TO BOLL AND EMA. I think the market will trade sideways for longer than expected and will not surpass ATH until mid 2019.
By extending the pattern is is possible for the price to go as low as $5219. Number (5) on the chart.
$BTC 43 days of growth expected.