Looking closely on the wave pattern we can see the rally is far from over. All we have is just a mere retracement.
A critical re-test is done and price already bounced off it.
I will advice everybody to hold their BTC firmly.
We spotted perfect retracement on LTC and since this is confirmed with that huge volume, I see litecoin going for its wave 5 soon.
This was another beautiful spot few days ago
We achieved great entry zone for this as well, as all look set for it to fly
Personally I keep close eyes on Poly as it got huge potentials
Just like xrp this coin will surprise many people when it started moving. it just hit our buy entry zone
price back to our entry as stated on XRP and here come July guys this coin will make its move soonest.
Justin Sun made crazy announcement about july and one of the mentioned coin is BTT guys keep close eyes on this. It should make good returns on an investment.
This is mega analysis I did on ETH and its still blazing till now with major target pointing to 825$
I think we have Bullish Pennant formation in progress all the way from 15minutes down to 1hour timeframe and by this pattern if break upside the target is around 14250$.
But also take note of potential fakeout, should BTC take a fake drop downward, just keep an eyes on our immediate support zone a break of this zone will trigger more drop to the downside.
I will hold my Long till price breakout of this pattern.
A failure of the bullish flag will trigger mass sell off.
Fingers crossed to see how this develop, but a failure of this support will send us to our entry zone for immediate buy back at the bottom level of the flag
This present support at 11k is worth to long on with stop loss below the previous low at 10500$.
Do have a look.
I quickly take a look on weekly close and this scared the hell out of me as it was seriously huge rejection towards one of the most important fib level.
This mean a lot to the market as it may signal the game changer with possible end of wave cycle.
Well based on my wave count we are approaching the last level of support for the current Bullish scenario to keep valid.
I highlighted a zone which must be protected from break if Bear manage to drop pass it then we may be ready for a wider correction.
But our immediate important level remain 10900$, a break of this level will pave good way for a nice move upside. Moreover a daily candle formation look so good for bull.
Bullish... This daily/weekly/monthly close today can change that.
At the prices we are seeing now we remain bullish.
Long Term I am also Bullish .
The best trader is the one who has the ability to SHORT even in the BullRun , otherwise in theBullRun , all the Buyers do.