Inst. "Helluva Correctional" on a highway 65. Short short-term.Don't trust this rekt coin.
Even in the latest constrained bullish
surroundings (all-known btcusd pump for that January),
it shows such a bearish picture. I believe this coin is
gonna dump ONE MORE TIME, and deep.
Probably down figures again. It must correct -
the waves are sooOOOo bearish that the Papa Bear himself
couldn't draw better,
even if he'd been the biggest market-maker, the great mr.Chart Painter)
I say, be very careful with being long short-term.
Short short-term.
But long-term, keep bullish. There's some place in the world for xrp)
Don't mind the Inst. "Helluva Correctional" on a highway 65.
They are wicking us CONSTANTLY)
Be prepared) Hodl for ever!
Honeyneurons
A perspective on 30m. #1Looking bullish,
the price above 7667 is ok
in terms of rally continuation.
If we fall below this value,
keep your heads up -
means the bulls lost.
But for now the defenses are
giving a helluva fight
and the bulls are getting only stronger
as the price goes down)))
Time is to hodl, gentlemen!
Operation "Burnt Bear".This is possibly another good opportunity to
hodl another portion of BTC while you still
can afford it!
The beloved by market makers tripple zigzag formation
has just finished evolving. See xyz-w-xyz-w-xyz group.
And some strong bullish divergences on 5m confirm it.
Let.s run this rodeo, bulls!!!!
Prepare for the lift off!
Await further confirmations from
the General in the coming hours.
And some history lessons are in order too)
Good luck to you, fellow trader!
Long it to the skies!
And hodl forever)))
The Great BTC Rally map. Bear gets rekt beyond any repair!I have lost the description, and...
one who studied the theory doesn't require
the explanation!
So I'll be very short.
The accumulated above 6.5k in the last few weeks
massive group of initial waves(1-2-1-2-3, 1-2-3-1-2- or smth like that)
seems to be planning a MASSIVE invasion over the 9k+ region.
I mapped out (with all the cautiousness one ever may apply)
this initial group of vectors. The only reasonable and
working approach was mapping them as if at least a 3-4-5/I-II-III-IV-V
combination(+ 1 parent at least) is expected.
We are inevitably approaching the moment of synchronization of
all wave momentums on all timeframes. This situation will create
the so called "Perfect Strom".
You may think, that 14k-16k is a fairy tale?
Think again!
A closer look:
------------------
BTC is willing to withstand any bearish attacks.
I have remapped some of the "hard nuts",
and now we can observe THE CLEAR PICTURE.
--------------------
One more:
30m:
A closer look at the included impulses:
From above:
Now, the bears aren't even fighting anymore.
They are only playing defense nowadays.
The accumulated group of vectors can not
be interpreted within any sensible bearish scenario.
Before our eyes - the clearest picture we can get.
BTC is going to surge. And this surging will kill
many warm fur animals!
I won't go into details much.
There's literature available all around ;)
There's will be no prices below 7k anymore.
Understand>?
Ever! Maybe only prior to the bitcoin death.
So safe to sell a house and buy btc with the cash.
But I ill not, like, EVER, advise you to do so)
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IMPORTANT (MAGICAL NUMBERS):
Consider three dead-important levels:
8467 - if we break it - RALLY is ON! Never sell again =)
7676 - if we below this one -
a full chart remapping is needed.
But the Rally is still possible, just a week-long flat occurs first.
6767 - below this one - RALLY is REKT for good. Short this Ponzi.
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Trade safe, bb. Peace, to all, fellow traders !
The General finally have some time to take a little nap...
XRP. Love. Looking for the bottom. #3Continuing the analysis on XPRUSD.
See the previous three ideas, they are
all parts of the same analysis
(in the Related Ideas below).
The chart tells all the data.
I have spoken.
See the charts closer and not so much:
Pay special attention to 4 facts:
1.We are experiencing low volumes(consolidation phase)
for months really.
(the same happened already before, many times,
remember the second macro pump of the BTCUSD)
2. The current BIG last wave's correction model
requires another zigzag Y-Z to be formed,
for the new trend to be able to appear.
Thus a bottom is still to be found.
3. Consider the very last known small wave x-y
being the smaller fractal
copy of the very last known big wave X-Y .
See? exactly the same schematics, but the
small one is disturbed by powerful already bulls.
Bulls are waiting, but they have the Ace already,
get it?
4. Stronger signals will come when the very last wave
Z is formed. That will happen in a few weeks, not earlier.
Until that moment it is safe to play short.
Considered targets for the short(x10000):
2000, 1850, 1700, 1400 .
Long is unsafe until at least that last xyz group
reaches it's end.
*Also are very probable wide-range horizontal flats for weeks,
because of all the BTCUSD bull pressure.
See more:
Walking the xyz(w)- jungles. #2 I need proof! Do you wish to see some proof too?
Walk with the General through the garden of Xyz,
and nail every correction ever happened to XRP
under the moon...
As I explained in the previous idea #1,
we can observe exactly 11 waves long correction wave model.
This is one of the most widely encountered correction patterns
in the crypto market on higher timeframes.
This I tell you based on my experience(saw lots of
these complex price depressions on the real charts),
and Elliot agrees too.
Let's make sure that we've counted every important
little fractal. Because in order to see the picture
the trader's way, we gotta fist know EXACTLY,
in what fractal position we're in
(relative to the parent trend, parent's parent trend, e.t.c...).
I've tried out lots of possible combinations,
but only really the 11 waves xyz(w)xyz(w)xyz did the trick,
without any hard confrontations against the Elliot's Theory.
Where are we headed?
What is thy proof, Witcher?!
Let's walk with me along these xyz jungles...
You will see!
-Targets, General?
-Not yet, my friend. We have to confirm this root prognosis first.
Give me a couple more days, will think of something.
Now I'm out of the cigarettes. See you later, then. Gotta doping myself
these tense days... The pump is coming...
-Bye.
----------------------------------------
Thank you very much for reading and following!
I only hope that you've found this quick walk under the moon
refreshing and started considering finally longing that,
which rarely anyone was brave enough to long for the past 2 years!
Wait for the new confirmations and the
next articles on XRP in the following days! bb!
Moon profits to ya'all!
Correction has ended. Bulls are back on top!This is a continuation of the analysis on BTCUSD
(see older posts to get the full picture).
The market is evolving exactly as foretold.
Now the new "impulse 12345+xyzwxyz correction" combination has been
formed, that means that the higher trend( global 12345 bullish trend)
is about to continue.
Also there's some confirming this divergences, on 5m.
Don't have time to map them out, check for yourself(reversed bearish + bullish) .
It is hard to say whether the 5th wave of the parent impulse
will be stronger or weaker than the prolonged 3rd.
So it is most safe to assume that the future wave will be
not that strong, and set our targets as: 8350 , 8467 , 8667 , 9k .
It is also questionable whether the current correction is fully evolved.
Don't panic if the price dance in a flat for a while with slides down to 7867
(such a correction continuation lays perfectly within the frames of the forecast).
But keep in mind, that this forecast is only valid if the price doesn't fall below 7700 .
(below 7700 means that the current Waves Map is reconsidered, and
the forecast is invalidated).
Buy, don't be afraid of corrections, and good luck to you!
P.S. The bigger picture suggests that BTC will rise another 20-50% in the coming weeks.
Don't you try to short this instrument while the bullish trend is only starting!
(Only pros are able to dance like that. I, myself, am not shorting, and feeling pretty damn good about it).
Just a possible triangle. Why not?Just a good idea( with the help of Sampdm8 , respect! ).
Will track it for a while for fun.
This is a Descending bullish Triangle.
In bullish markets,
while being formed as a correction(always)
relative to the global bullish trend,
signals about the PARENT trend continuation,
i.e. the previous movement continues...
not vice versa!
Bull Principle.I don't like to speculate too much, thus I am very cautious when mentioning
anything further than a few days from now on into the future.
This idea was born as an answer to the question pitched
by fellow trader - nickrandy1 . Respect!
Simply two charts. The #1 major reason why we are going sky up
is mapped above - the FINISHED correction model xyzwxyzwxyz
(or wyxzwyxzwyx, if it is more comfortable, doesn't matter).
Divergences lie, channels lie, SMAs lie, voodoo-doll-forecasting lies as well.
But this market looooves following the same proportions again and again.
And the same correction models are observed over and over.
The chart is screaming in our faces with accumulated groups of
1-2-1-2-1-2 waves(initial waves group, expecting multiple impulses on
multiple timeframes). We are slowly but STEADILY moving up
towards the Papa Ponzi's Pump(PPP) that may inflate btc hundreds percent!
9k? silly target, 100%!
10.5k? reasonable.
11.5k? good for the third target.
14k? smart to save some btc, it may pump further...
24k and even further.... (I am very skeptical on this. 11.5k sell -
the way to do it)
Yeah, btc may die in 5-20 years, but people live in the day.
Until that moment this beautiful inflation bubble
is easily pumped more and more and more. And no one is able
to stop it!
A perfect opportunity...
If it goes as planned, this is just the end of the very first
accumulation phase, out of the three expected. (1-2- , 3-4- and 5-)
Consider the m30 chart:
We can treat the waves (since 3 Jan) on 30m chart
within the boundaries of the Wave Theory as some fully formed 1-2-1-2- legs
or a 1-2-3- part of the unfinished 12345 impulse...
and the 3- third wave is just getting started in any case!
The 3rd wave (starts in a few days already?) should be
the longest one ;) out of all three expected to form
in the case of bullish scenario playing out.
The previous 4k impulse:
Now look at the current chart:
Anyway it is reasonable to assume,
that 8700 9k, 9.5k, 10.5k, 11.5k and even 14k - all are
good targets for the next few weeks.
New bottom is definitely less probable
than some new highs right now.
We are in the bullish territory, 100% confirmed.
Notice the death confirmation level - 6767 .
Anything below promises a 100% death for the Rally
and starts a new bearish trend for the following weeks.
So if we're trading above 6767 - there's
still a chance for the Rally. This number is defined
with respect for the very base principle of the Wave Theory -
wave #2 never retraces 100% or more of the wave #1 height.
The next few days may get very tense,
volume-wise =). Be safe, stay bull.
P.S. Fellow trader, fire that " like " button if agree ;)
7825 - the last chance for a buy-in.I guess 56 hours of non-stop analysis payed off
in a form of followed 56 hours of pleasant observation,
of how the forecast predicts
with 95% precision all the price movements)))
Now this is the time for the bulls to get into play.
Probably on Monday, or even in the following 4-5 hours
we will observe a huge price.
A lot of confirmations kicked in,
time to buy, baby.
The last chance)
See al the divergences.
The bears have lost their power for good!
7825 - the last chance for a buy-in
(expecting a small dip(1-2correction),
but may just be rocketing right now, right to the moon!)
Always yours, orb.