Playing around with my december post of the Elliot wave structure on the 3M. Peaks in April 2021, Jan 2024 and Jan 2028. Overshoot 500k but end up below 1 Mio. Not sure the Total 2 will follow the same cycle. Will look into it.
Trend reversal as sexy as I ever saw one. Coming from an ADA fan: let’s make some room, because ETH wants to move.
Hey Link Marines, Trend is reversing: - Cross 20 mma - Stochastic cross up - TD 4 candle correction Let’s show ETH what a real pump looks like!
50 mma fails as support in February. Confirmation of previous candle. ALT season warmup done! Ready for the next phase! Up yours maxis!
Beautiful cup and handle. Check out the TD count. 6 more years of upside!
Morningstar in the making. BIG reversal coming up. Be extralong. Marines will make Link rip through the market. This setup carries soo much energy. This move will be absurd imo.
Maybe the bulls don’t want to test this trendline anymore because btc never managed to hold it. What do you think? Retest or ignore? Do we need it to confirm the bull? It’s significantly lower than the 21wma but something tells me we need it to shake out the weak hands.
Hoping for a bounce, preparing for a break! I find the 2w view increasingly useful.
BTC started a new Elliot count in this 3M picture. Stochastic and ADX support the bullish pattern.
At this price level means altcoin boom.
Tension and momentum in this chart. Strong stochastic cross up on the monthly. 63.5 was the level we needed to watch for a while now. With a 21-50 ma cross, a break of the 50 mma may very well happen. But holding it as support will be the real challenge as it still is a slippery slope.
2 Month timeframe is useful here: - Stoch RSI about to cross below 80, like exactly 5 yrs ago. That was it for the ratio! - Notice the gravestone doji and the pressure from 21 ma One more time: This is it for the ratio! Bitcoin will purchase a lot more gold in one year!