Hello, Skyrexians!
This
BTC.D analysis can be a little bit complicated, but this is very important update on our previous analysis. Dominance is next to the top, but now the period of unexpected moves has been started.
Today we have 12h time frame to look at the internal wave structure. Tonight dominance hit the higher degree wave 3 target at 65.3% like I told you in previous article, but the subwave inside the wave 5 inside wave 3 is not finished. Let's count the waves for yellow cycle and we can see that there were no the wave 4 because Awesome Oscillator is still above zero. When it will cross it the yellow waves 5 will finish wave 5 inside wave 3. Now I expect the move to 63-63.5% then retest of recent high again then more significant correction and then another one wave to the upside - final big shakeout.
Best regards,
Ivan Skyrexio
___________________________________________________________
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This
BTC.D analysis can be a little bit complicated, but this is very important update on our previous analysis. Dominance is next to the top, but now the period of unexpected moves has been started.Today we have 12h time frame to look at the internal wave structure. Tonight dominance hit the higher degree wave 3 target at 65.3% like I told you in previous article, but the subwave inside the wave 5 inside wave 3 is not finished. Let's count the waves for yellow cycle and we can see that there were no the wave 4 because Awesome Oscillator is still above zero. When it will cross it the yellow waves 5 will finish wave 5 inside wave 3. Now I expect the move to 63-63.5% then retest of recent high again then more significant correction and then another one wave to the upside - final big shakeout.
Best regards,
Ivan Skyrexio
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.