BTC to 45K
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Looks like BTC is going to 45K if $38493 is not taken out. If $38493 is taken out then we are going to 31K.
Why I think it will go higher and not lower. This is just my opinion and not financial advice. I hope this helps you make an educated decision.
1. It's highly unlikely we are going down considering ALT coins are all in a good setup to go higher. I will post some of the ALT coins that are ready for take off.. not to the moon but at-least like 30%-40%.
2. It should go to 45K because BTC is doing an ABC. We have completed AB and should go up for C. I have covered it in the chart.
3. Down Jones (DJI) was expected to come down to retest 33.5K and it has done it. There is not much left to go down on the Dow.
4. Finally - Narrative is so negative out there BTC will do the opposite. :)
IF $38493 is taken out then we are going much lower.. not like $35000 that you see on Twitter. We are definitely going to 31K breaking the parallel channel which BTC is in for the last few months. We should then ascend higher and not go down to 20K or 24K. BTC will not go to these level without completely its full retrace.
Why I think it will go higher and not lower. This is just my opinion and not financial advice. I hope this helps you make an educated decision.
1. It's highly unlikely we are going down considering ALT coins are all in a good setup to go higher. I will post some of the ALT coins that are ready for take off.. not to the moon but at-least like 30%-40%.
2. It should go to 45K because BTC is doing an ABC. We have completed AB and should go up for C. I have covered it in the chart.
3. Down Jones (DJI) was expected to come down to retest 33.5K and it has done it. There is not much left to go down on the Dow.
4. Finally - Narrative is so negative out there BTC will do the opposite. :)
IF $38493 is taken out then we are going much lower.. not like $35000 that you see on Twitter. We are definitely going to 31K breaking the parallel channel which BTC is in for the last few months. We should then ascend higher and not go down to 20K or 24K. BTC will not go to these level without completely its full retrace.
Nota
EOS has completed its ABC and have completed the final leg down below B after completing C which was expected with the setup we were in. Not much left to go down. I believe we have reached the bottom.. in case it's not already in then we are certainly closerNota
LTC - We are in this parallel channel from December and it is a bullish channel, just the opposite of what BTC parallel channel. We are currently on the median line of the channel and expect it to hold there and bounce up. Maybe it can go few more dollars but I guess bottom is in...Nota
ZIL - Looks like we doing an ABC on ZIL too. If $0.1000 holds we are going higher. Look at were I have marked B($0.10100) in the ABC. For now it looks like we are holding and if we continue to hold we are definitely in for a huge ride like $0.19.. Nota
I don't want to post a lot more charts and cramp this place. Please watch these ALT coins for confluence.Hope you have enjoyed. Leave a comment below with your thoughts.
Nota
BTC briefly went below $38400 but didn't have a full candle close below it. We are currently at 40K. We should march higher next few days and go to 45k-46K.
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