#DXY follows a Wyckoff redistribution which is heading for entrance to Phase E - Markdown 📉 As there's no volume available it's hard to validate the setup. However, the SOW in Phase B and cascade of failures to break the upside resistance are evident signs
The Choppiness Index is peaking at levels only seen just before #BTC expanded beyond major cycle ATHs with huge volume. Expansion inbound! The thicker the candle, the higher the volume. 📈
Coinbase stock is ready for a strong mark-up phase, as phase E of this clean 1.5-year #Wyckoff accumulation has been reached. #Coinbase
$TRIAS - Tested the blue trend line range for two weeks now. Ready to 8-100X from here to the target zone of Wave 3. (1.272-2 extensions of bear market). These targets are conservative in my opinion.
ECONOMICS:COTI - minimum expected target is $2.50 as usually W3>W1. #COTI
ALTCAP - ETH (TOTAL3) is following a clean Head and Shoulders Bottom on the weekly timeframe. Compare the purple horizontals to see how price now is testing the A-top and what will likely happen next.
100% winning strategy for monthly trading: Red vertical: Exit market/short at start of month when indicator flipped negative above zero last month. Green vertical: Enter market/long at start of month when indicator returned back above zero last month. Gains & dodged drops since 2011 in call-outs
🟥Rejection at level 1 🟨Break through level 1 🟩Retest at level 1 🟥...🟥+🟨+🟩=📈 After such a sequence of events, level 2 was broken always immediately by a starting parabolic move...
ECONOMICS:COTI - Elliottwave I: Impulse 2019-2021 II: Expanded flat correction (3-3-5) III: Momentum phase next up Red C-wave ends with a descending broadening wedge, 'E' hit almost the 0.618 retracement of ATH-ATL Targets III: $3-15, $5 main When zooming in it's clear that wave A through E within the wedge can be complete: each wave can be subdivided in...
A huge Head and Shoulders bottom is forming for the TOTAL3 ALTCAP. The red boxes show the key resistances to clear before fresh ATH's can be printed. In green a possible trajectory is shown to the 1.618 extension target of this whole correction. Invalidation: a drop below "Head"
Alts eventually follow the lead of $BTC. The major tops and bottoms normally don't lag more than a few weeks.
CRYPTOCAP:BTC has pumped since the test to the top of the light yellow channel and is forming a small bullish pennant just below it (blue). The parabola is fully intact and targets: + FWB:98K @ 1.236 + $128k @ 1.414 + $174k @ 1.618
Bitcoin prints a very similar pattern compared to the previous major tests of the weekly SMA 200: 1. ATH 2. Bear Market 3. Bottom Structure including a Head and Shoulders Bottom with the "Head" testing the 200 WEEK SMA (blue zone) 4. Breakout above neckline (red horizontal) 5. Retest neckline (couple of months) 6. Parabolic continuation (red)
#Silver is forming a bullflag below red resistance line. $SRM which 67X'd in a single day last week had a similar structure before breakout with a 'leading LTF bullflag' #Silver is ready for further markdown of #DXY.
$BTC Bullmarket 2019-2022 following textbook precision. Wave 5 should peak in the low 170K's against the upper channel line {Src: ELLIOTT WAVE PRINICPLE key to market behavior by Frost and Prechter p.85.} #Elliottwave #Bitcoin #BullMarket
$BTC : self-explanatory #Elliottwave count W1: 1st impulse W2: sharp correction W3: extended impulse W4 + flat, retraced to the 0.5 fib. of W3 + didn't enter W1-territory, inv. <13.8k W5 mainly targets 160-170k + top channel through 2,3,4 + 1.618 of W4 #BTC #bullmarket