BTCUSD 8h: two trend scenarios up to fibo 1.62 (4.500 USD)

Aug 6, 2017

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.
https://www.tradingview.com/chart/XBTUSD/djkFv2lF-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
https://www.tradingview.com/chart/BTCUSD/BQJmvkiS-BTCUSD-8h-Let-s-ride-the-next-wave-bubble-bursts-end-of-2017/

BTCUSD 8h: Situation more clarified. Overall view. Forecast 2017
https://www.tradingview.com/chart/XBTUSD/ISDZHiXl-BTCUSD-8h-Situation-more-clarified-Overall-view-Forecast-2017/

Aug 7, 2017

Note

we will reach 3.400 faster than expected. new fibo level is confirmed.

Aug 8, 2017

Note

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.

Aug 9, 2017

Note

now a positive consolidation going to start. i expect only a correction to max 3.000 USD. not more.

Aug 11, 2017

Note

Currently I see a bear flag. On sunday the correction could come.

Aug 12, 2017

Note

imo top reached.

see also: [url=

]

Aug 13, 2017

Note

we reached fibo 1.6. now be super careful.

Aug 14, 2017

Note

be watchfull. could be a double top.