Ha, Jokes aside, we are still hugging the descending channel, and we appear to be completing A-E falling.
Since we are at E. Usually, this could mean a consolidation because this is one the most critical time for the asset, as price is trying to figure out are we going to form double bottom on a macro level or is E going to be a 1-2 wave?
There are lot of variations here. What is obvious however is that buying at sub $30 was the wisest choice. AND LET ME ASSURE you i was not there lol, i was elsewhere, but i was recommending it to my private investors.
Now moving on. Where are we heading. I see 235-265 target, maybe higher based on FOMO but definitely get out if it is above 300, liquidate some assets and be happy. Hold on to whatever is left for whatever comes next.
My big expectation here, is some kind of triangle here, probably ascending. Which why, i can still see price fall, and take a longer approach to price reach of 200$.
Also, i would not be suprized if we hit range trading either, remember, i don't get paid to actively update this coin, so i have ASSUME a lot, the further it goes in time.
I have provided some fractals, as u can see they give some clues into potential time frames .
_____Previous Chart Analysis__________________________________________ ---------------------------------------------------------------------------------------------------------- As you can see, fractals were accurate enough, but my projection was not! I was correct about the price of $25. A bit off, but $26-27 was the same thing, as price held for long and indicating a bottom and reversal. Remmember, when last bull trend is broken, best you can get is double bottom, no need to Hold on to your losses. ________________________________________________________________________________________________________
Good Luck Everyone! Lets make Crypto Great AGAIN!!
**LEGENDS**
BLUE = Bear/Resistance Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
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