BTC XABC Pattern Test for 13/12/2018
Easy graph to understand. Give me your opinion.
3 cycles that should be an good reference on this trend.
At this moment we are 4 days from the beginning of this high trend on BitcoinUsd and other cryptocurrencys. If we compare with the last cycle of Impulse+correction we can see that the impulse waves lasted 4 days and correction wave 1day+2hours, so we should try to keep calm at this moment because we could be on a down trend. Let'ss wait for the price crossing...
Possibility 1: At 1 day time interval I applied a fibonacci retracement and got the target 10900usd that reached today, this should means the beginning of third wave. Possibility 2: On the oder hand we have to wait some hours to see if the price cross this important support on 10900usd to confirme the possibility 2.
lets wait and see if we can reach this 1° wave(A) to confirm the next trend.
IOTA movemment always is respecting thie channel between 3.28usd to 5.20usd, so there is a big probability that on next days this coin should face hard bearish ultil the Blue box that I highlighted as BUY ZONE. MAybe after this little correction IOTA should have enough impulse to cross the resistence line and reach 5.80usd maybe 6.50usd. Lets see.
Registar um trade de objetivo 25% para um swing trade de 2 dias + 11 horas. Aplicando a teoria Fibnc podemos alcançar o objetivo de 3555usd ate 4045usd nos porximos dias, resultando em um bom trade de 25% ou 40%. É apenas uma especulação, não se deve tomar decisões de trade relacionado a esse post.