Multiple hanging men patterns on the daily circled in blue. I predict a retrace to $22k USD in the next 6-8 months. This is based on the historical performance of BTC. In 2017 the price retraced ~75% after a massive spike to 20k USD. I also see it going below 20k in 1-2 years before it takes a massive swing back to >$100k USD. As always, this is not financial...
This is a false breakout and you will see the price drop very fast to low 400's in the coming days.
Summary XVG to breakout to 30 cents or more and then consolidate around higher 20's.
I believe we might have a short term "correction" to ~1100 USD and then a nice ride up to the top.
Summary Pennant formations do not guarantee a bullish breakout but often times indicate a previous trend continuation. I believe Waves to breakout in a bullish fashion. I'm in with 110 waves coins at 12.20 USD. Good luck! Price Target: Based on the daily charts we can hope for a bullish breakout. In this case the first target level would be 17 USD. Some...
I hope the 860 resistance gets broken through and if so I predict low to mid 900's before another retracement. Unless this break shoots us to over 1000. Bullish on this.
Historically we have seen large gains followed by large corrections. I'm thinking this will correct ~50% fibonacci retracement level