Chart is self-explanatory. www.chartchampions.com
Follow up on the last post I shared which has been really accurate. I'm still swing long from 30k by following the plan I made in May. I suggest going back to see my post from february :) #CCpool #ElliottWaves
I was a little to early with callling that wave 3 was in and did not expect that ending diagonal at the end. So far targets the have not changed a lot. Depending how we get to these levels this is potentially still a nice buying oppertunity. This could be a (W) Zigzag in the first wave of the correction (WXY likely).
Looks like we finished the wave 5. (last post) I wonder if we do start the bigger correction now or do move back up from here and make new highs. HTF Potential Target : 30K (0.382 fib)
Hey all, It looks like we possibly finished a expanded flat for wave 4, we took out the lows + perfectly hit the correct fibs. I believe there is a scenario for the next (maybe final) impulse before a bigger pullback. Targets 54k-55k (1:1) > Invalidation is clear < media.discordapp.net www.Chartchampions.com
Hello all, Once we came above the last high the large WXY got invalidated. The initial wxy I shared was correct after all. (end of wave 4) I'm currently tracking this count which places us in wave 5 (of the larger 3rd possibly). Invalidation is clear for me. Don't focus on the white line. www.Chartchampions.com
Looks like the tripple three is really taking its time.
My view on ETH log scale. We got confluence at the $50 -> Weekly + 0.618.
Hey, This is my Bitcoin view in the longer term. (EW) I zoomed out to get a better perspective where we could be in the larger picture. I was able to get a clear count in the bitcoin log scale chart, which makes me believe we still are in a larger big wave 4 correction. A very complex wave 4 correction but possible as the large wave 2 was pretty simple. What you...
My EW count is bearish. (short term) Expecting a dead cat bounce from here, retest 9k with rejection seems likely and then continue to the downside. I really think we can clear the $8200 area, nice buying opportunity imo. I also tried making a bullish scenario but its pretty ugly tbh. (highly unlikely) Goodluck!
This is my bearish scenario for the short term if true, we are completing the wave 4 of the big impulse going down and expect one more wave down (5) Invalid above the red box. Im conflicted between my bullish scenario and bearish. Tbh feeling more bearish as the count makes more sence. Time will tell! Goodluck!
Might be turning the trend here. Would wait for confimation when we break above 9K to be sure for the wave 3 is in play.
Here's my view on BTC, as we are correcting im keeping a close eye on the reaction at the $9170 monthly level and the 0.382 Fib level. Hopefully we can get a nice bounce of these levels to continue the bull trend. Time will tell. Goodluck :-)