So, I was quite successful with my XRP newbie charting back then.
From this another newbie chart, I try to see where's the exact wave v of the BTC correction.
It seems that, tomorrow would be the time, based on the volume oscillation, and sine wave analysis of the RSI.
Psychological: people expect bullish trend, but trapped into wave v correction as haejin predicted, BTC down to new low, but not as much as 8-10K, a bit around 11-12K again.. then people would go into panic sell, and whales take opportunity to propel new ATH.
Again, take it with a grain of salt. This is very experimental.
From this another newbie chart, I try to see where's the exact wave v of the BTC correction.
It seems that, tomorrow would be the time, based on the volume oscillation, and sine wave analysis of the RSI.
Psychological: people expect bullish trend, but trapped into wave v correction as haejin predicted, BTC down to new low, but not as much as 8-10K, a bit around 11-12K again.. then people would go into panic sell, and whales take opportunity to propel new ATH.
Again, take it with a grain of salt. This is very experimental.
Note
Wait, just crossed my mind. How if wave v point is lower than that -because- of the panic selling?So what I predicted right now would be the reason for BTC to go down to wave v..
it might reach lower than 11K in that case.
Need rechart, recalc and rethink to be exact :(
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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.