Currently I see this trend scenario on the way up to area fibo 1.62 (4.500 USD): A short-term increase to 3.500 USD after a flat running correction to max 3.000 USD. In any case my trend analyzes of the last months are fully confirmed. Still a few words to the altcoin: Imo all cryptos will follow this trend in general. Ripple imo will achieve the highest profit by the end of the year. I see particularly profitable in this order: ETH, ETC, LTC and DASH.
Let's see what happens. Happy trading. :-)
See also:
Segwit on the run. Timeline + three scenarios. 4,250/4,500 USD.
BTCUSD 8h: Let's ride the next wave. bubble bursts end of 2017
BTCUSD 8h: Situation more clarified. Overall view. Forecast 2017
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we will reach 3.400 faster than expected. new fibo level is confirmed.
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update chart ... sooner than predicted, we have reached the resistance line. Does not matter. Now be watchful. Maybe we will break the resistance (up to 4.500 USD), than we will have a short correction.
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now a positive consolidation going to start. i expect only a correction to max 3.000 USD. not more.
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Currently I see a bear flag. On sunday the correction could come.
Do you think the consolidation is over for BTC now? Or continue to drop lower?
BTCINVESTING
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@dawgyg, hard to say. maybe yes. as i wrote max. 3.000 USD.
Aitoyko
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@btcinvest.de, can you suggest a entry buy for btc/usd? Thank you in advance
BTCINVESTING
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@Aitoyko, I am long. Is that enough as a statement. ;-) at the moment i see not really a lower low as 3.200. but 3.000 also possible. the timeframe is currently to short.