ETH is ending it's overdrawn period of consolidation and decision time seems to be approaching. If you have not bought ETH yet the only question remaining is: "Do you buy ETH now, or do you buy ETH later?" DYODD. IMO.
Based on my TA of scallop #1, we appear to be setup to test 51k within the first 72hrs and top out around 59-64k on the first impulse of Main Scallop #2. I believe the consolidation over the past few days that many, including myself, expected to take us down to abt 43k to have been mostly horizontal complex EW consolidation. At this point I do not expect a larger...
The BTC Scallop in all it's glory...Let's see how we can use this now. The red line is the EMA 20.
Is BTC in an ABC Elliot Wave Correction? Let's see how this plays out. DYODD.
BTC heading to 0.786 FIB from ATH (54,400)...? Two possible entries, 3 possible TP's. DYODD. IMO.
ADA volume has arrived and price is reacting. 2 plays...you can enter now or when it crosses the TL & (possibly) retraces. 3 TP's based on FIB levels. DYODD. IMO.
Let's see if this plays out...lotta details in this but you should be able to expand & zoom for clarity. Some of the congestion is just TA on lower TF's...so potential info there too. DYODD. IMO.
Title says it all...TRX breakout from TL. TGT is 0.104 based on FIBS.
TICK-TICK!!! Wake up and pick your ponies before the rest of the market beats you to it!!!
So, ive been playin with angles and such for the past few hours...let me know your thoughts. PS...we will prolly bounce this morning and begin the climb on our next leg up. DYODD / IMO.
A quick chart of a few places we could see BTC bounce during this pullback and why...
Here is a collection of the fib & volume tools I like to use....
Here is a collection of the volume related tools I like to use to try to see what's going on with an asset. The chart looks really busy zoomed out, but once you get in close it gets really clean and highly useful. Let me know which you like to use!
Initially I was following the Rising Wedge theory for the 4HR, but after some soul searching of the charts I have decided that the rectangle scenario could be more likely. We shall see. DYODD. IMO.
Just my scribbles and opinion. DYODD. Comments & discussion welcome!
Do Your Own Due Diligence. Just my opinion. Comments/ discussion welcome.
Just some squigglys...Do Your Own Due Diligence. Comments & discussion welcome.
Just my opinion...Do Your Own Due Diligence. Multiple TP's on this longer play because i plan to make several entry/exits along the way. BINANCE:BTCUSD