Bluegale

Bluegale

I copied the 2013 crash pattern squished to about 1/3 of the time cut into 5 parts and changed the time of those parts a little bit but tried to keep the price action the same. Below in green you can see the pattern without being cut, so you can see I didn't change it much. This picture shows where the trendline is coming from I wouldn't trade on only this but...

Bluegale

Just copied the move up from 6k we had Not a deep TA but it just adds up

Bluegale Updated 

I can't publish ideas with a smaller timeframe than 15min so I cant show you the smaller waves but these are the waves I have for this move up. Maybe 3 is a bit more to the right, hard to tell will these sideway movements. While I was confident to trade on the first 2 pumps I am not too confident in how this continues. All I know is when this drops, it's gonna...

Bluegale Updated 

This is the pattern that got us from 7k to 9k I copied it and scaled it down Not sure if its gonna play out this way but there is definitely some correlation

Bluegale

While the recent strong push made me question this idea, it was what I thought was most likely gonna play out. The subwaves of the wave count shown here would be the smoothest in my opinion. The way I trade is by having multiple ideas, and I go in a trade when those ideas either both show me movement in the same direction, or when I get confirmation that one idea...

Bluegale

This first wave looks really artificial to me, the move up seems to be authentic but the way it moved and the way it corrected just somehow seems different than most of bitcoins price movement. Maybe that is because the price dropped way below what it was supposed to be at 7300, maybe its manipulation, maybe I am just dumb and this is an authentic move? But the...

Bluegale

I have seen some interest in my ideas so I thought I will update them a bit. This is the most likely Elliott wave pattern I see, but especially on the higher timeframes, they get a little sketchy. The run-up from 1k to 20k should have wave 5 being completed at 20k It IS possible that the whole thing has an extended wave 5 and this crash isn't gonna be as bad as I...

Bluegale

I'm scalping so I don't really care about making precise calls about the value or timeframe Only thing I wanna know is it going up or down in the next 15min. But this is the pattern I would expect in the next few days. I would expect a small peak in 3 days and a bottom in 6 days peak at around 11k bottom around 9k If we are going up in the next 2 hours which I...

Bluegale

quite possibly an extended wave 3 I have my target for the next low at 8750 highly depends on 9700 holding

Bluegale

the inverse head and shoulders we just formed and are just about to break the neckline target would be 8.3k I spend 20 hours drawing elliot waves from 5min chart to 4hour target until I was happy with it target would be around 8.3k a nice fib level at 8.3k there we should see a nice bounce and hopefully resume with our bullrun

Bluegale

Bitcorn waves

Bluegale

Fib Neo