Potential Reversal on 0.618?
May touch FIBO 0.5 / 0.618
Let's see next week movement
ELLIOT 5 WAVE ENDED, TIME TO GO BACK DOWN...
Decending triangle formed. Continuous bearish
AS SHOWN IN THE CHART. ETHEREUM NEED A REST LIKE THE REST OF THE ALTs...
As shown in the chart, still required a C WAVE before another uptrending move
Will short around the current price... But will waiting for next candle movement before placing any orders.
As the daily chart had occurred a DOUBLE BOTTOM, we can put a LONG here with a sweet Risk/Reward Ratio of 3.0
Long Bitcoin with this simple uptrend pattern
We can see that BITCOIN is hanging around 0.618. I believe it will rebound and flew to $10,200 in a few days, following the typical uptrend pattern.