I don't think I posted this C&H formation in public yet, just one of my sketches in trying to predict where we are going. So far, this one looks right on, so we could hit $16,000 within a couple more days, with $16000 the approximate top which would complete the rally after the C&H formation.
Trade geschlossen: Ziel wurde erreicht:
On time, as expected, but may climb much higher. Alt coins have taken a hit today, which is understandable as Bitcoin continues to rise, so the FOMO focus is on Bitcoin.
Once Bitcoin levels off or begins a consolidation period, I believe we'll see the alt coins take off again as traders move funds from Bitcoin over to alts to ride those rallies for additional gains.
Once Bitcoin levels off or begins a consolidation period, I believe we'll see the alt coins take off again as traders move funds from Bitcoin over to alts to ride those rallies for additional gains.