The only other possibility would be that this is actually some sort of x-wave but there are multiple reasons why I wouldn't count it that way. First of all, it passes the impulsive litmus test and the chances of there being an extended outside of a is almost none, the retracement ID doesn't confirm an x-wave, and finally, it is also pretty large to be an x-wave. With all of these things considered, and with the larger counts considered, it seems extremely likely that the above pattern fits into the whole, perfectly. That means that I can say with fairly high certainty that this is going to break down very hard, very soon. This chart only shows an intermediate target, I do believe it will go lower than this target after a correction. Refer to my monthly chart for longer-term targets.
“You only find out who is swimming naked when the tide goes out.” -Warren Buffett
Good luck and happy trading!
Tips: (BTC) 1N7YB8HMzrmtSG8GdZ5b2gdERwENqoSBq
In the future, I'd appreciate if you refrain from posting unless you have something to add to the discussion. You should expect a guy named Scamcoins to be wrong every once in awhile, I am not a god even though you may think i am ;)