Will Bitcoin get another chance at breaking the wedge, or will history repeat for a 3rd time and BTC will continue o see downward pressure? A possible retrace to the 100 and 200 MA crossing below should be an area of interest.
CND after hitting a new ATL in early September, went up over 200%. CND has now hit the .706 Fib. A 70% correction is very healthy. With some volume, this coin will take off agian.
After hitting an all time low in early August WAN went up 215%, and then retraced back down better than 90% past the 886 Fib line. WAN then went up 55% and has since retraced down past the 706 fib line, touching the diagonal support line. Can WAN test its previous swing high?
DOCK went up 471% from yet another coin that hit a new ATL. Fib lines are set from that swing low point to the swing high. We can see DOCK consolidating around the .706 Fib line and appear to have penetrated the lower trend line and now retesting. Also gaining support on the 100 MA. Last time DOCK bounced off the 100 MA, it was for nice gains.
MTH Fib line set on swing low to swing high. Which also happens to be a previous ATL, then went up 234%. MTH has now corrected back to the .786 Fib line and bounced off it twice.
WPR has a similar situation. Swing low to swing high Fib shows a flash down to the .618 Fib and touches the 100 MA. Now a break down on the bottom wedge trend line with possible retest.
