Illm4tic

Illm4tic

I like ETH back in the $850-900 range for a long... probably November or December... target at least to 38.2 retracement of the entire down move from ATHs (~1700) Trade Plan: Size = S = 5% portfolio Buy: S @ $910 Stop: S @ 780 Sell: .5S @ 1625 .5S @ trailing stop at the last higher low of biggest time frame with established trend.

Illm4tic

Looks like a completed 3 wave move to me. That being said, the diagonal for the C doesn't look as good in the futures market, or DJI. It's not even as clean on SPX. Tough to get any other decent count on the way down though. If 3 waves complete then the correction is complete and we're going to re-test ATH, or it's some kind of a combo. If this is the case SPY...

Illm4tic

Going up for a Wave C or 3 IMO. Targets: 23.5, 27.8, 36.7 Stop: 17.8

Illm4tic

Been calling $12.5 for a couple weeks now, and a few things making this setup perfect. 1. It's reaching this level in extreme oversold conditions 2. Overall market on fire at ATH rn. 3. Santi Claus is coming? Looking for a really nice monthly bounce. Below are my targets, and whether or not I take profit at 1 or 2 depends on how we get there. Target 1...

Illm4tic

We are now near the bottom of the previous wave 4 of one lesser degree, and IMO it's about time for shorts that have rode this down to take their profits and flip long. I've updated my count and I now have A as a leading diagonal, and I have this whole correction as a standard ZigZag. Whatever we have here is in 3 waves, and this count seems to work, especially...

Illm4tic

SEEING SOME REALLY NICE CONFLUENCE TO MATCH A DECENT COUNT THINK THE WHOLE SECTOR IS ABOUT TO BOTTOM. LOOKING FOR A SHIFT IN MY MOMENTUM INDICATORS AND A BREAK OF THE SMALLER PITCHFORK TO CONFIRM

Illm4tic

Bitcoin is reacting to indicators much more in log scale. Notice the retracement to 3k was a perfect touch to the .382, and note the reaction to the median lines on this most recent run. Some wave analysts are calling this the middle of a wave 4 correction; possible triangle. This would make my area of confluence of $5600 a great place for a bounce. Currently...

Illm4tic

Calling this a giant flat. Looks 3-3-5, can't really see it as anything else even though B only retraces 80% of A instead of 90%.

Illm4tic

GOOD SHORT OPP IN RED BOX. GOOD STOP LVL. IF WE CANT HOLD ORANGE MEDIAN LINE LOOK OUT BELOW.

Illm4tic

RED BOX WOULD BE A NICE SHORT TRADE, WITH A GOOD STOP. IF WE CANT HOLD ORANGE MEDIAN LINE, LOOK OUT BELOW!!!

Illm4tic

4 hour pennant / ABCDE correction

Illm4tic

4 Hour Pennant / symmetrical ABCDE Correction

Illm4tic

WAVE count is spot on

Illm4tic

Weekly Bear Flag No Weekly Support

Illm4tic

My first count. Let me know how it looks. Thanks!

Illm4tic

LITTLE RESISTANCE. PT=GAP.

Illm4tic

SPY

Illm4tic

SPY