Big_Mike716

Big_Mike716

Possible triangle or channel formation on BTC here. Looks more corrective than impulsive after analyzing for 2 years since the bull market started.

Big_Mike716

Been tinkering around with this count. Possibly an ending diagonal and we are now in the (3) intermediate wave position about to be finished with that wave in March or Feb

Big_Mike716

Not looking good for the UK 100 here, looks like double zig zag followed by expanded flat. Can loose 80% plus in the coming bear market

Big_Mike716

Total 3 is the market cap of all altcoins minus Bitcoin and Ethereum. So I have a question to ask you trading view. Would you like some coffee?

Big_Mike716

Theory is we have another leg higher to IWM here before we submit to the C wave on the very HTF cycle wave 4. I suspect this will be an expanding flat and wave B will hit close to $260-$300 before wave C runs all the wave back down to $110 finishing the 4th. Then we start the HTF wave 5 to $450-$600 per share

Big_Mike716

OMG has appeared to have either finished 5 wave bearish sequence or is very close. I am of the opinion that most market participants have abandoned any bullishness in this coin. I like that TBH, if the market thinks this coin is dead then likely it is not. We (my group & I) are long

Big_Mike716

Think we are inside w4 and are about done here with wave E of 4. It is always possible for the 4th to test all the way down to the 4th to one lesser degree. But when inside a triangle is the only exception. So if my triangle is correct then no retest to $36-$40k

Big_Mike716

Honestly been reflecting on VELO a bit. And if my CRYPTOCAP:TOTAL 3 analysis is correct and we get an XRP bull market to $5 plus soon then XLM will likely follow. They trade 20-.30c different on any given trading day. Since VELO is on XLM block chain and if we get $2-$4 XLM $VELO can be right back at 2021 highs with a simple $7- SEED_TVCODER77_ETHBTCDATA:8B ...

Big_Mike716

Of the opinion BTC has entered into marco w5 of the HTF (3) wave. The (3) is set to hit $90-$110k . For now the marco 1 has entered into a diagonal pattern which is a combination of ABC 3 waves inside of an impulsive 5 wave structure. I have the local top at $61,000 before a pull back to $54-$56,000 for marco 2 of 5 of (3)

Big_Mike716

Looks about ready to start an impulsive 5 wave count here. Thinking this will end up being wave 1 of a HTF w3

Big_Mike716

For some context: Rule of alteration states that if/when W2 is a Flat then W4 can only be either zig zag or triangle. W(4) "Guideline" (not a rule) : When the 4th wave finishes its trajectory it is most commonly known the wave A will test the 2 of the wave 5 one degree less and wave C will end somewhere in the price area of wave4 one degree less. If this ends up...

Big_Mike716

Looks like dag has completed an irregular falt correction where wave B overshoots the start of the A. Needless to say I expect a strong w3 here to about .45-.50c CRYPTOCAP:USDT

Big_Mike716

Looks about done with C wave of the wave 4 triangle. Hard to say what E wave will do could do. Might extend or truncate or hit the bottom TL. But minor wave 4 almost completed.

Big_Mike716

This coin must be the most complex coin ever. But I remain bullish with my bias to $50-$60 top wave 3 into late 2025

Big_Mike716

Hello, I have wulf finishing up a triple Elliot wave WXY correction. I think it is about to go into a 5 wave impulsive sequence here.

Big_Mike716

Been running in this impulse 1,2 1,2 1,2,3,4,5 now since late June 2022. This coin is literally taking the stairs up. We entered at $1 and it has been a long slow move higher. I do not expect that to change

Big_Mike716

BTC has been simply flipping resistance into support since June 2022. This chart suggests we are in wave 5 of 3 heading to somewhere between $90-$100k next.

Big_Mike716

We entered at .004c and have much higher targets. Elliot Wave analysis along with support and resistance levels shows major resistance around .04c and once that breaks VELO can run hard. Also used some chart drawings to create the triangle and measurement targets.