roe82

roe82

Whether it will play out like this, who knows, but this is what I'm seeing.

roe82

Whether it will play out like this, who knows, but this is the pattern I'm seeing.

roe82

Soft kitty, warm kitty, little ball of fur. Happy kitty, sleepy kitty, purr, purr, purr.

roe82 Updated 

The top of the triangle is currently too high up to break, but we might break through it at 6300.

roe82

Where I expect BTC will bounce, assuming no further alt pumps.

roe82

Plenty of room to fall still, before this one matches the depth of the previous correction. Note the red candle coming from the top stops about half way down the distance indicator (blue arrows), both of which are the same length. Perhaps ultimate support slightly above 5000 EUR? That's $6000. (The chart displays EUR.)

roe82 Updated 

The S-wave is money flowing from BTC into alts and eventually back into BTC as the impulse given to alts by sw2x cancellation fades away alts are sold off to take profits. The reason we're only seeing a very slow increase is probably alt holders hoping their alt will continue to the moon so they're not selling them for BTC just yet. Once they realize the alt(s)...