Ahhh yes Bitshares is becoming strong with the force now.
After the first Massive 5 wave impulse we experience the typical drawn out ''crypto'' ABC correction. Finally breaking out of a falling wedge pattern and resuming a new line trend up.
From here I predict it wont be long before we start impulsing again.
Targets are based on Elliot wave theory using previous resistance and support levels. At the top target Area of 0.00008 we will be in the new all time high range VS the Dollar.
Patience Young Padawans, Make Haste slowly.
Peace
After the first Massive 5 wave impulse we experience the typical drawn out ''crypto'' ABC correction. Finally breaking out of a falling wedge pattern and resuming a new line trend up.
From here I predict it wont be long before we start impulsing again.
Targets are based on Elliot wave theory using previous resistance and support levels. At the top target Area of 0.00008 we will be in the new all time high range VS the Dollar.
Patience Young Padawans, Make Haste slowly.
Peace
Comment:
We broke down Short term on BTC pair since BTC has been so strong, Resuming uptrend now, Looking very good on the USD pair with new ATH's incoming. BTC pair should follow suit and start impulsing soon, My theory is When BTC sells off next the alt coins will panic once more then begin to outpace BTC on the next growth phase and all these falling wedges will start breaking out. Contain your fear, Diversify your portfolio and sit tight. Namaste :)