Merodach

Merodach

Shorting TMV Head and Shoulders Pattern. Keep an eye on neckline.

Merodach

During the 2017 bullrun, BTC total marketcap began fizzling while the total crypto marketcap kept rocketing for 22 more days, getting as high as 125% above the BTC marketcap. Who can tell me what that puts the total crypto marketcap at during the next bullrun if BTC goes up to $300k?

Merodach

Accumulation phase looks to breakout soon.

Merodach

Would love to hear from you elliot wave folks. Do you think Wave 5 starts soon? Or will pattern break down by dipping below $38k?

Merodach

25% drop in early Jan was succeeded by about a month of trading sideways

Merodach

What are your buy zones?

Merodach

Keep close eye on to see if it bounces off of.

Merodach Updated 

The Robinhood resistance continues with DOGE :)

Merodach

It hit my buy box when i wasn't paying attention :( If it drops below the top of wave #1, this pattern is invalidated, but I think its getting ready to rocket to around $68.

Merodach

What do you think happens next?

Merodach

Currently Coiling. See possible lower level of support if pennant fails.

Merodach

will be interesting to see whether it bounces back up soon and level holds or fails...

Merodach

It's been coiling for quite a while. Which direction will it go from here?