Smellythedog

Smellythedog

My wave count bias shows a target of AT LEAST hitting previous highs. Corrective ABC waves looks to have been completed already. The C bounce took place almost exactly where the downtrending channel plotted it out to be. Overall market sentiment, or BTC sentiment, will determine how fast we reach previous high.

Smellythedog

At the very least a truncated 5th, which should bring price back to ATH. Backed by two institutional funds; 1) Panter captail, 2) Coinbase venture fund Showing bullish divergences in the lower time frames

Smellythedog Updated 

I'm only feeling 60% confident in this wave count, but nonetheless I think the upside is considerable. Consolidation period has taken 45-ish days - the larger the base, the higher in space. Keeping tabs.

Smellythedog

Keeping tabs on this one too. A pullback to the 21-day EMA - dubbed the "holy grail" set-up by KcgTrades on Youtube. Could see another test of resistance and a c wave retracement down prior to breaking out, or it could just go straight up. OGK (Only God Knows)

Smellythedog

Publishing to keep tabs on this trade. I've seen other wave counts on social media; slightly different, but still bullish nonetheless

Smellythedog

Symmetrical triangles - a classic continuation pattern of an up-trending stock in its 3rd/4th stage base. Most commonly found in wave 4 of the 5 wave impulse move. This is my favorite set-up because of how simple it is. Minimum target is the size of the height of the triangle placed on the point of the breakout.

Smellythedog Updated 

By the Elliot wave theory, I'm seeing a 1-2-i-ii count which indicates a potential wave 3 - the strongest and longest impulse wave. Rocket Loans is still a young company, but an EPS of 33.05 shows just how profitable they are. Will buy on the breakout of the ii correction.