PaulHung

PaulHung Updated 

i wrote in one that we may see a abcde triangle very close to the trend line and its looking more and more like it with the 333 count. a break above and the trendline would be take us on a new wave up above the trendline. however, if we break down the alternate bearish count is very ugly.

PaulHung

we have the first 10k region where you can make a reversal play here. if it does not hold? this is the count to expect

PaulHung

now, i personally believe there is 1 more wave 5 to go. and that this correcton was just a subwave 3 correction. but anyways, who doesnt like projections? and this is on the conditions that: 1. no wave failure 2. we do break the neckline this round.

PaulHung Updated 

to those who followed my call in discord on the long, just so you know, i dont have a target lol

PaulHung

its either completed or close to it. now what we want to see is a wave 1 impulse and a wave 3 to take us out of the neckline. welcome wave 3 of the new cycle if so

PaulHung Updated 

C wave is coming. we gonna test the neckline again 1 more time. C wave may be deep or shallow. hence i do not suggest to trade it. you dont want to be on the wrong side of the bulls. look for the opportunity to enter long after the full correcton

PaulHung Updated 

as i've said correcton was coming. we ended wave 5 in an ending diagonal 5th. with a mini ending diagonal 5th as you can see in the picture. now, ABC may have formed already or not. but i do not suggest a trade here. in the previous chart i drew the possible scenarios and this was one of them. now the next thing to do is wait for wave 1. set a long order above...

PaulHung

if you're looking to short, or looking to buy on the retrace. btc is very likely to retrace soon.

PaulHung

we are entering an important downtrend line attempting to breakout, i highly doubt we will on the first try. but if we do, we WILL get a retracement be patient and wait for the scenarios to confirm

PaulHung

instructions on the chart

PaulHung Updated 

your buy and sell zones enjoy!

PaulHung Updated 

short at circle area and break of orange trendline

PaulHung

possible bounce zones on the chart. next wave up is wave 3

PaulHung

once again: not the best of ideas to short a bull run so please keep that in mind. we are on subwave 1 of 3. and we are looking for a wave 2 retracement. conservative target is the green box

PaulHung Updated 

not the best of ideas going against the strong bull ride

PaulHung

no matter how you count, we are definitely still in a very 3 wave abc structure. follow the lines for possible movements. of course there are bearish counts as well. stay neutral.

PaulHung

333 waves are showing a structure being built up

PaulHung Updated 

simple, short to E wave