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Trend Analysis Chart Patterns Harmonic Patterns Bitcoin (Cryptocurrency) Ethereum (Cryptocurrency) Litecoin (Cryptocurrency) altcoin crypto Cryptocurrency
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trendanalysis chartpattern harmonicpatterns bitcoin ethereum litecoin altcoin crypto cryptocurrency
Wave 2 bounced perfectly off of the .618 line. Fib extension of 1-2 bounced off of the 1.272 line. Look either for a further drop to the .618 fib line and a bounce above the resistance line the the target price around fib retracement levels 1 or 1.272. Also look at where the price currently sits at .382. If it bounces, it could be the beginning of wave 5. In addition, the price of wave 5 does not always go beyond the top of wave three, but if the price drops to the .618 fib level and bounces this would be much more bullish .
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