A fractal I posted on twitter is playing out pretty well, I decided to add the complete run from when i took the fractal and its strange how it alligns with the lifetime resistance curve. Will John McAfee get his $1m BTC prediction ?
Looks a lot like a parabolic setup with 2 bases established and the 3rd in the making. A break lower than $9800 would possibly invalidate.
A possible Fractal if $BTC can hold this level. If broken expect to see C wave target and possibly down even lower to around $8200
Just some Meme lines, Target area marked. Posting this just to keep track and for anyone else that wants to who saw it here twitter.com
Chances are we will ride the recently broken resistance for wave 4 and then head up again to complete wave 5
Not quite sure BTC will hit $5500 just yet, Possible wave count labelled.
I charted this December but on the daily, I feel I should have Charted the weekly so here it is and as you can see it's quite similar to my daily 6k chart, Now will what I thought back then happen now and we go down to $2800-3000 or will it play a similar pattern to what it did on the daily. Now the cloud baseline/conversion cross that I have been following...
Same chart as my weekly but on the daily for alternate TF viewing, Zoom in/out using the scales.
BTC looks like it has finally broke that long term resistance on the 4H, will that hold on the daily? Resistance and supports marked. 4H chart
Possible EW count for Eth, Also playing out an adam and eve bottom and breaking the top of the 5th wave with conviction will confirm this.
I very much think will will complete this EW but what happens when we get there is what everyone wants to know. If we cross the bold resistance then I would call the bear market over, I do think it will be rejected and we will see the real bottom which in my opinion is the $2800 area, if that breaks then the next target is $2200. This could be quick and nasty...
This could be the EW for ETH's current upwards move.
I have been following a pattern on the Ichimoku cloud for some time now and can see it's now crossed to the 12hr like I suspected it would, It is very likely to cross to the daily too now. I have posted 2 scenarios, The blue path is what I think will happen. The red path is something I saw in the 12hr TF The 12hr chart shows we are inside the cloud, We have...
A cleaner 1HR view of my 4HR chart
I updated my wave count and still believe we have another wave up, If we dont break 3950 region then we will very likely see us back down to 3500.
I think it will correct as planned but there is a possibility it goes sideways and then carries on straight up to my next target area of $4400 This chart is a continuation of my last idea but with a little clean up for easier viewing,
Had a crossover on the 6h ichimoku a few days ago and been waiting for it to play out, Today was the day.