Good morning everyone.

That was really close, starting moving rapidly upwards once it broke $14,067, and has reached a high above $14,500.

No clear weakness in the short-term yet.

Still trading in the same parallel channel though, its right at resistance.

The price increase has validated numerous bearish divergences though. I'd expect the rate of increase to accelerate once the channel is clearly broken.

Going back to the count thread #count.

This is likely to be wave 5, which would take us all the way to $16,000-$16,300. W4 is very small, but still valid.

Invalidation moves much higher now, below the wave 4 low at $13520 . This would not invalidate the entire bullish formation, but would rather suggest that wave 4 has not yet ended. The targets for wave 5 would still remain the same.

Bitcoin still pushing hard and ALTS suffering as a result. Alts will only rally once it cools down and honestly it's pretty hard to time that.

$BTC dominance got harshly rejected at right at the level I pointed out as the target and a stop level for the dominance

Now testing prior resistance for support. Some alts can rally meanwhile

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Very interesting that BTCD fell during the sharp drop. Good news for alts, since they were previously getting shattered during rapid BTC drops.

Picture perfect rejection for BTCD in the longer-term, just as it reached the 66.5% area.

INSIDER INFO...PUMP IS COMING

Had a zoom conversation with CEO of Binance on👇👇👇

#QTUM

BUY - 1.96

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https://www.tradingview.com/x/nnmIUYeF/ We might see a strong reversal for alts if BTC dominance gets rejected here

Good morning everyone.

We finally have a decisive breakout. The $15,800 area is now likely to act as support, alongside the ascending support line.

In the weekly chart, we have reached the first of two strong Fib resistances (also align with horizontal levels) at $16,120 and moved above it.

There is no weakness in long-term time-frames yet, but being extra cautious here.

The next one is at $17,200.

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9-11-20

I gave a signal in my VIP channel to buy Go at 37-40.

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