Look at this big sexy bull flag forming on the IOTA/USD chart! The green dotted line represents what was one possible formation of the bull flag, but we broke through it, so the green solid lines represent the next formation. ABCDE represents the elliot triangle waves, 12345 for the elliot impulse waves (who was this elliot guy?!), aligned with fibonacci...
The last run up when we went from like 12k to 20k in like a few hours looks like it could have just been the little brother to what we're about to see, based on the size of the wedge we have now compared to then. I'm expecting litecoin to follow suit soon after bitcoin makes its run, with a target of 500-700 as you can see in my more detailed analysis I posted a...
It looks like there's a lot going on in this chart but there's really only 3 simple things! The horizontal lines are fibonacci extensions. Fibonacci numbers are the numbers that make up spirals. They're everywhere in nature! Seashells, galaxy spirals, music, and what do you know, they seem to work like magic in charting! See how the numbers match to where litecoin...