Once we break out of this wedge, the next fib extension levels are monsters - $1.00 is the first stop which i expect to hit mid MArch or so - representing a 5x return from today's spot price (Feb 7). Some lofty expections i know... only in crypto :)
I think it's time for a break out. What do you think?
Lorenz_Capital
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@LogicalDeduction, yeah man, i am anticipating it to happen soon as well
UncannyDeduction
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@Blorenz, Out of nowhere there was a volume spike some hours ago. I have been tracking it for a while and planning to buy in. Couldn't stop myself after that volume event. Let's see what happens tomorrow.
Lorenz_Capital
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@LogicalDeduction, The BTC pairing is starting to get gross though, it may continue to get out-performed in the near-term.
UncannyDeduction
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@Blorenz, I see it like this:
Lorenz_Capital
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@LogicalDeduction, true, could be a good support level
UncannyDeduction
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@Blorenz, Tomorrow morning when I wake up this will shine with at least +15%. :)
Lorenz_Capital
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@LogicalDeduction, That will me a very happy guy :)