Im predicting a large wave 3 elliot wave from the bottom ($7700) going up from there
Wave 3 Top Target - $12700 - $13000 / or $14600 if it breaks the 1st option
I'm calling the wave 3 top @ $12700-$13000 due to
1. TWO matching .50 Fibonacci retracement confluence on 2 separate Fib retracements {}
2. Also but not so important; Previous Resistance @ $12800 1/20/18
Wave 4 corrective downtrend wave bottom @ ~ $12000 (Expecting ALT COIN SEASON once BTC Tops WAVE 3 and begins going down)
Wave 3 Top Target - $12700 - $13000 / or $14600 if it breaks the 1st option
I'm calling the wave 3 top @ $12700-$13000 due to
1. TWO matching .50 Fibonacci retracement confluence on 2 separate Fib retracements {}
2. Also but not so important; Previous Resistance @ $12800 1/20/18
Wave 4 corrective downtrend wave bottom @ ~ $12000 (Expecting ALT COIN SEASON once BTC Tops WAVE 3 and begins going down)