bonewei

bonewei

Due to three reason to predict BTC route. 1. BTC had been run a two drive(at Day figure),if the third drive complete ,it maybe produce a strong PRZ at 73000 ; in three drive pattern, I can predict BTC will retracement to 0.236 fibonacci number( 0.786 retracement ) if the three drive complete and the price reach 73000. 2.now the 4H of BTC has form a 0.382...

bonewei

0.35-1.414

bonewei

pic

bonewei

head shoulder bottom

bonewei

retracement to 0.5, predict project to 1.5~1.618

bonewei

predict of long position of ETH

bonewei

cup pattern 0.618 -> 1.618

bonewei

cup pattern 0.707 -> 1.618

bonewei

long position after retest support.

bonewei

ETH eill touch the upper trend's resistant trendline if it go up ,will reach 1.5 of the small fibonacci retracement. If the resistant too large, I except the price will retracement to 0.618 of the big fibonacci ,at then the price will meet the support ,project to 1.5-1.618.

bonewei

BTC is in triangular convergence, and retrace to 0.707,I predict the price will project to 1.618 - 2

bonewei

there are two channels if ETH now retracement of lower channel , the price will go up;but if you seen that there is another channel above ,if ETH touch the upper resistant trend line ,the price may go to retracement upper triangle below.

bonewei

1. Bull Gartley pattern 2.retracement on channel

bonewei

bearish Crab

bonewei

Gartley pattern

bonewei

1.AB=CD 2.upper triangle convergence,retracement (1436-1494). 3.Fibonacci retracement to 0.382 (1431),project to 1.382 (1863.11).