ONTBTC possible big trend? be prepared
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From
- Candles break out from falling wedge and retrace to the support line.
- MACD
- RSI
- WT Cross
we can see those were indicating the starting of FIB waves.
note: we are seeing something similar on QLCBTC chart too.
- Candles break out from falling wedge and retrace to the support line.
- MACD
- RSI
- WT Cross
we can see those were indicating the starting of FIB waves.
note: we are seeing something similar on QLCBTC chart too.
Nota
Considering big wave 2(corrective wave) is gonna land at 0.382% retracement with wave abc(adjusted in the updated chart below).I think we are soon to start wave 3, be prepared:
Nota
stay with original posted ideas structure for corrective wave A B C. wave C is yet to finish. once it is completed, we would start big wave 3.
Nota
ONTBTC is waving up. this could be 1) the starting of the big wave.
or
2) another wave B like what XVG did.
either way, the first target shall be around end of wave 5.
I think it is more likely to be 2)- wave B. so once it is up till end of wave 5. it shall retrace back to around end of wave 4. that shall be the position of wave c=1.27 of upcoming "wave B".
Nota
we are on the corrective wave c to finish wave 2. then prepare for big wave 3.
Nota
big wave 3 startsNota
pink target reached. going for retracement. get updated charts here:
Nota
Danger alert! what we are now on could be a big retraced for the completed big wave 3! instead of new big wave 5!
if it is big wave 3 then the retracement is expecting to reach 0.0093 @ 0.382.
Nota
updated chart here, follow this one:
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