**SUMMARY**

The price neared the upper white line, I had posted a criticaljuncture alert and noted the significance of breaching the upper white trend line. This type of wedge has bearish implications and usually the gudiance is that price can fall below the starting point.  The horizontal blue lines show the presence of good support and the upper white trend line now also represents strong support. 

A breakout is very likely and the purple Elliott Waves project an impulse rise to 123213 Satoshi for wave 5. This would be a 11280% profit potential. Will this happen overnight? No, it'll happen in a five wave impulse.
<center><img src='https://s17.postimg.org/g3tbzn2in/Screen_Shot_2018-03-06_at_11.21.02.png'></center>
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 Even into this upward wedge; the seller repletion just was not enough to fulfill the wedge price travel guidance. With Cryptonians are well aware of how deep retracements can be but also how quick the impulse can go vertical.

 Still, there is a scenario for a one more slightly lower low if price wanted closer proximity to the Apex.
<center><img src='https://s17.postimg.org/78shp2vpr/Screen_Shot_2018-03-06_at_11.20.21.png'></center>
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**Legal Disclaimer**: This post is for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this post has been researched and is thought to be reasonable and accurate, I cannot and do not guarantee any rate of return or investment timeline based on the information presented herein.
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