I made edits to the Eliot waves. Not surprisingly the time line is a bit off. This could top anywhere between end of October and early in December. I expect a high probability of reversal before year end.
Look at 50 MA lined up nicely with Fib level. I expect this to move fast and faster before it tops out. Sentiment is already shifting to Bitcoin over alts but not an overwhelming maxi mindset.
Consider timeline dependencies with RSI on daily chart.
MACD cross over on Sept 14th was nearly dead on.
Here is the previous chart I posted for reference. Look at all the links below for more details been posting about this for weeks.
Look at 50 MA lined up nicely with Fib level. I expect this to move fast and faster before it tops out. Sentiment is already shifting to Bitcoin over alts but not an overwhelming maxi mindset.
Consider timeline dependencies with RSI on daily chart.
MACD cross over on Sept 14th was nearly dead on.
Here is the previous chart I posted for reference. Look at all the links below for more details been posting about this for weeks.
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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.