Just a few words: Right now we're still in a good buy-in zone at about 0.45BTC (FIB 0.618). If this zone breaks negatively, then there would be a good opportunity to buy more at about 0.41BTC (FIB 0.786). For the targets, I'm applying Fibonacci using the ATH from the last run. PS: Keep in mind that it make some time (weeks/months) to reach Target 5 or even a new...
For the time being I'm not going to provide any targets, but $MTL can go high (+300% trade). We're still in accumulation zone, if the breakout is not further confirmed this weekend, so still buy-in. PS: Relisting on Bittrex post-MetalPay launch is already on the table. I'll try to update this trade as good and as frequent as possible. Cheers!
Very soon $BTC is going to encounter a key-resistance. In order to validate the continuation of the bullish-looking uptrend it must clearly break out of the bearish downtrend channel and it must certainly surpass the 11k USD resistance (a clear daily-close above 11k USD could confirm this). Option 1) A retest of FIB 0.236 at 9k USD COULD be possible and could...
looks very bullish to me :) I expect a nice firework here Cheers!
I wouldn't say that I'm 100% bullish, but I can imagine that the end of correction is near. In my opinion, there is a good possibility for a final dip to 8.75k$, however, I imagine that BTC bounces back slowly if this value is reached by following the bullish trend line. If this is not the case, then this may be a sign for a mid-term bear market. I don't think...
In my opinion a correction is needed... maybe ETH got a bit over-rated ? I understand that the ETH-BTC picture is perfectly in line, and it could be just another ETH-cycle... however, ETH-USD correllation may be even more important in this case, don't you think? In order not to break the ETH-USD & ETH-BTC cycles, BTC would have to fall quite a bit and ETH would...
Looks quite bullish to me, ready to take off ? wouldn't be much coincidence if also this privacy coin defines a new ATH at moon level :)
Here a possible scenario if $BTC drops below the minor trendline. I don't expect it to cross the lower major trendline, so in this case a drop down to 10.5k could be expected. * An alternative possibility could be a) a more sideways movement, towards the lower major trendline or b) even without crossing the minor trendline (maybe a bit a too optimistic assumption...