CryptoFinnn

CryptoFinnn Updated 

Here are my thoughts on the bullish scenario: Cup and handle target is 16300, close above downtrendline, beark of cloud in the twist and we could see Elliot Wave 3 up to the top uptrend trendline, giving us a abc correction and then the 5th wave (note that the third wave can also be C wave) At the moment we can be in hyperwave 3, and followed by hyperwave 4 and we...

CryptoFinnn Updated 

Hope you saw my idea about the bullish scenario, if that plays out, great! But if we are in just in a correction.. From the alltime high we can see a 1-5 waves and then a-b correction, and now maby building wave c. If this is the case we might go down to 3000 or even 1300 Go back and look at the alltime highs from 2013. There was also a downtrend line that got...

CryptoFinnn

We get redjected by the downtrendline, and grind along it for a while. This might be just a abc correction and then 1-5 waves down, a break of the up trendline would confirm that we had our hyperwave 4 and we will see lower levels. Also Tether printing blowing up might send us down to 3000d or even 1300d. This idea is least likely, but always keep an open mind for...

CryptoFinnn

Just a quick first post. Will be doing more detailed in the future, once I get my workplace up and running (just moved to the other side of the world. More long on btc than short