So if we take into account the previous ATH and the absolute bottom that followed and ended the ABCDE correction, we could be looking at a new short-term 12345 Elliott Wave, which might show us a 3rd Wave new ATH.
BUT, we will see resistance at the 38.2% Fib values and 61.8% while people that entered on JAN 5,7,9,10,11 take short-term profits.
If we have a positive trend over 48 hours above the 4550 Satoshi value, we can all but confirm this is now a positive shift in a momentum and a positive trend to continue overtime, as we make a run towards a new ATH.
Yup... glad to see this as it confirms my bias:) My chart looks like this as well. Lots of ppl have it listed differently but we both have the Main Waves of 1 & 2 the same as well as the sub waves within Main Wave 1 the same. Looking good.
ABear
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@ABear, If you are deep in this trade with real folding green dollars like I am... I will see u around TV for the next few weeks. Cheers:) Lets watch, chart, learn and profit:)