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Diametric

ETHUSD, Final Upmove, Then Big ShortHi guys, I noticed a bearish diametric forming on ETHUSD right now on the daily. It's looking like we probably are in an X-Wave currently and will have one final leg up for Wave-G before the bearish diametric is complete and we move on into another ABC correction and much more downwards motion. Wave-G can have a massive range on it price wise, anywhere likely from it's current value to ~$1000+ range - I have chosen around the $900 mark as this is the 61.8% fib of the first overall ABC correction (using TV fibs, which get horribly stretched on log scale... use your discretion) and equal to the time of the ABC correction (I am not an expert on X-waves, and so the timing may be way off - I do believe the price is a likely possibility, another being 1.618 price of the ABC). I have tentatively placed the end of Wave-2 at 1.618 of Wave-1's time and approximately the 50% fib of Wave-1, but the 38.2% would be ideal - time will tell whether we complete the ABC and become bullish, or spin into another X-wave and subsequent ABC. Here is a zoom in of the bearish diametric. Let me know what you think - as it is right now, we will be in correction mode until likely at least the Beginning of September 2021, when we can begin Wave-3.
POLONIEX:ETHUSDLong
by Korastiz
BTC Bearish Diamond Diametric on the 1hHi guys, Looks like we have a bearish diametric forming on the BTC 1h chart. Should have one more wave down to complete Wave-F and then Wave-G will be (I'm guessing) very similar to how A/B were, quite flat. If Wave-G doesn't touch the trendline, expect a violent down move as this will constitute a G-wave failure. G wave is just drawn for illustration purposes, those aren't targets, nor is where I have Wave-F ending. Not financial advice.
BITSTAMP:BTCUSDShort
by Korastiz
BTC Overall, Three Ideas, All Can WorkHi guys, I've put together three ideas for BTC on the larger TF now that I have been made aware of the BLX historical BTC data and can get a count that makes sense. In fact, I can get three counts that make sense... all with relatively the same outcomes until the end, where they will drastically differ. First idea, BTC as a regular impulsive series for all of the upmoves - the last bullrun was Wave-5 of Wave-1 and we are currently on Wave-B of B of 2. Second Idea, similar to the first idea, however, the bullrun seemed... quite different from the initial waves on BTC, and so I wonder if it was actually a bullish B wave in a running flat type of situation. We currently would be also in Wave-B of B of 2 in that situation, Wave-C would likely be more bearish than the first. Wave-1 would have been an extended Wave-1, leading to decreasing size of Waves-3 and Wave-5. Final idea, BTC as a bearish diametric. We currently are probably in Wave-E for that one, with significant down moves if this is the case (hoping it isn't, it will be a long time before we get another bullrun if that is the case and we will cut MUCH lower most likely. My favourites would definitely be the impulsive series charts, but only time will tell I guess on where we are heading. Targets super inaccurate and just meant for illustration purposes. Let me know what you guys think and if you have any reasoning to suggest one is correct over the others, I haven't rigorously checked monowave counts/sizes/times, etc, so there might actually be one that reigns supreme over the others, these are just the three ideas that overall stand out to me as the most likely. It's looking like December of 2023 will be a brutal time for BTC and we can expect the beginning of the real correction (Wave-C of C (idea 1) or Wave-C (idea 2) or Wave-F (idea 3)) around that time.
BNC:BLX
by Korastiz
3
BTC Beautiful Bullish Bowtie Diametric FormingHi guys, I think I have a pretty good idea of what to expect from BTC now, I think it is forming a bullish bowtie diametric. It's looking like it will probably be mirrored about the dashed white line, and will start by completing the small bullish AB=CD harmonic. Initially a long, and then a pretty significant short to the ~7666 area I think. The shole pattern should take until near the end of August, after which the sky is the limits. Good luck! Would be amazing if this played out, it looks too perfect to be true, but is also matching up extremely well with some trendlines I drew... have high hopes for this one. Not trading advice. Let's do this!!
BITMEX:BTCUSD.P
by Korastiz
BTC - Long and then Big ShortHi everyone, Posting an update view of the bearish diametric idea, I think I was a little too bearish on it before and we probably have one more wave up. There are two possibilities for the end of Wave-F I have on here, yellow and green crosspoints. One at $9100 and the other at around 8k. The first would be if Wave-C takes AB/2 time and the second being AB time for this correction. Afterwards we can expect another ABC up into Wave-G, which will end below the white trendline, possibly making a new ATH for BTC. Good luck everyone! Not trading advice (of course).
BITMEX:BTCUSD.PLong
by Korastiz
ETHUSD - Proof of Stake Going to Be Huge For ItHi Guys, Just noticed that ETH recently completed a bullish diametric which means that it ain't over yet for ETH. I'm assuming that with the coming PoS for ETH planned for (or delayed to) mid 2019, its already starting to have an impact on ETH. Maybe the flippening isn't just a meme after all? :) I'm pretty new to using diametrics, and I find it pretty difficult to find reliable rules for it, but it does look like each wave of the diametric is 3-3-3-3-3-3-3, similar in time and that its direction will be up (I'm assuming that it will continue from where it is - but I haven't found much in the way of price targets off the end of one). I think they act more as a reversal pattern, so it has recovered from the dump at the peak? It should break the last high no problem though from what I can see here. Looks pretty good from what I can see - and I'm really not that bullish on BTC right now as I think it is nearing it's top, so we will see what comes of this.
COINBASE:ETHUSDLong
by Korastiz