im ready to make it all back in one trade
bear market 5-wave complete, abc finished but no 1.618 extension sadly clean break on keltner's though volume is low - assuming people are fearful of fomc - however buying pressure from those who are attentive is above standard deviation regardless, for me at least it is time to start building. will be cautious around 48k area due to zigzag B wave retracement...
self explanatory, i am currently believing that price action has formed an irregular flat nested inside another regular flat (for its C wave) the lead up to coinbase's listing was incredibly bearish & could even fit the formation of a bear market correction it could be considered possible that the initial correction had completed due to the swing at 0.618 of B,...
another one to annoy the bulls (apes)
sometimes you have to look at things differently to find what you're looking for so, this is an inverted chart of BTC of Coinbase. I've used 0.5 from the fib retracement tool just to get a clean cut on the wick having fun, I thought I would treat the action since listing as a corrective wave the fib retracement on A hit 0.854 which would classify this as a...
the cycle has been a mess, as long as we don't break above resistance this could be a farewell to the bull run
havent seen anyone speak about this yet so validity can be called into question it is possible that we have finished our cycle, which is actually a continuation from 2013 & 2017 a triple-three here shows how that could be possible with what we would of referred to as wave 4, taking for granted you have the tolerance to look at something this messy inside the...
Chinese manipulation at it again. Once more the ultimate oscillator is giving the confirmation while RSI slacks Bitcoin bear market continuing onwards from 58k, here presented is a potential ending diagonal which has offered an overthrow on resistance - nothing out of the ordinary Usually an ending diagonal marks the end of a segment within a wave - it will be...
Here I'm presenting a likely scenario moving forward for eth in the short term What we are seeing play out is a complex double-three combination correction, composed of an initial regular flat accompanied by a zigzag (estimation) The regular flat is confirmed by its 3-3-5 swing motion following a 0.9 retracement of (A) & then a 0.618 retracement of (B). Double...
just laying it out vol will be iffy next week from 1-yr covid anniversary who knows what will happen, 125x ok