Skies are ahead! In my first/second post i showed the unfolding of Elliott pattern on the newest ups and downs of BTC, and now we got a confirmation pattern. with 5th Elliott wave unfolding, we finished our inverse head and shoulders pattern, making it SO MUCH MORE LIKELY to do just as I predicted. If you want to see why i marked the level i did, check my previous bitcoin charts. Fib retracements on the whole big move, first 4 waves AND just the 4th wave all correspond to what i say and match the support/resistance levels right on the spot, i just simplified them in this chart and pinned the lines. We crossed the BIG BEAR resistance line and we are heading up!
You must be kidding that we crossed the bear resistance line. Move your line little bit up so it shows that we didnt cross. We expect correct to 9900 before moving up.
CryptoNapp
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@Sivavangala, We did cross the exact line, but it's actually an area, and since most of the buy orders are being stuck in place with so much resistance, i dont know if we can make it that easily. Let's just hope. But the upside, without so much market manipulation, has far greater chances of succeeding then the downside