BTC apparently starting wave B. Prices can reach as high as 9675 before going down on wave C.
After loosing support tradeline, BTC is heading down again. It´s likely completing the 5th and final wave inside wave C. If this count is correct, expect the start of wave 3 soon.
After a finishing wave A (with a complete 12345 pattern) BTC is starting wave B. Keep an eye for the possibility of going down again until fibo 61,8% retraction at around 8200.
Without a big correction, BTC is expected to keep uptrending, on what apparently is the start of wave 5. This must be the last fly before a bigger correction, which is expected around the 12400 in the zone as known as the "triple resistance". (For more information, please look for Andre Machados video on february 15th)
Some people claim that there must be some kind of magic in technical analysis, and they might be right. Just yesterday, one of those events occured so we should look back what to expect. 2017 November 15: EMA 17 crosses EMA 72: valorization of 176% until December 17; 2018 January 03: EMA 17 crosses EMA 72: rare valorization of 20.52% until January 06 in the...