We enter the market now, close to .236 Fib. Level, and right the wave all the way to the target area which is between .618 and 1.0 Fib. Level (the previous highest high).

Like stated before, the impulse wave between 1st and 3rd point will be 1 level increase of Fibonacci from .382 to .5 but it's interesting to see that previously close to October, we had a resistance point there. As soon as we break that resistance after the 4th point on the impulse wave, we are on our way towards our target area.

Based on this, a very nice cup & handle pattern forms here (yellow line) on the .5 Fib. Level, and the handle will fall perfectly between the 3rd and 4th points of the impulse wave.

Hold this coin until around mid February when we expect that it will be on the way towards our target area, so arm yourselves with patience !

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