ONTBTC possible big trend? be prepared

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.

Kommentera:

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:

Kommentera:

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.

Kommentera:

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".

Kommentera:

we are on the corrective wave c to finish wave 2. then prepare for big wave 3.

Kommentera:

big wave 3 starts

Kommentera:

pink target reached. going for retracement. get updated charts here:

Kommentera:

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.

Kommentera:

updated chart here, follow this one: