Waves and channels. Buy green. Sell red. Break red and hold above, become green. Orange is cautionary, treat as resistance we hope to break. Same break rules apply.
BTC see other ETH DJI AAPL DJI SPX Bear Pennant 9/9-10/12
Best high rest of 2020 likely just under last ledge. See AAPL GOOG DJI SPX IXIC NDX BTC ETH.
Pardon the plethora of noise but I've marked this same chart for 2 years. Cleaner chart linked on ETH:USD. I looked for a category that said "Nonsense" but didn't find one. We broke resistance on the first minor downwave. Rising wedge up to last wavepoint ($395) but did not break -- B wave still valid as is the larger H&S. Awaiting confirm of minor C wave and...
Market retrace. Going down. ABC minor up on the ABCDE major DOWN. See related ideas. Following ripple from late 2018.
She chose down in September. Bear pennant since. Friday/Saturday rally selloff. Enter the Bear. Target $250 ~Oct/Nov 20. See ETH, BTC, IXIC, SPX, DJI, AAPL, GOOG.
The correlations between BTC, crypto, and the larger marketplace are already established. While there have been numerous short term trade ops in the oscillations, we are approaching a necessary retrace after redlining market into the ceiling. The beauty of BTC (and ETH, but I view the smaller Alts as derivatives of the larger, riding on the market sea that is...
See related. Don't see a new daily high above 10640. H&S. Dabbing. Down.
Using AAPL as ref -- don't see a daily close above $115 -- no new highs -- short-term-traders will close position to determine bottom of downtrend channel. Currently through wave C minor -- downward continuation confirms larger (major) wave cycle retrace. Get liquid and buy back at a wicked discount. Looking at 0.5 fib to test. Dabbing H&S - 240m & above -...
ABCDE --> going DOWN. Sorry for all the noise. Dabbing H&S on BTC, ETH, SPX, NDQ, DJI, GOOGL. Less clean but similar structs on AAPL & TESL as well -- redlined at top of channel -- only one way to go -- DOWN. Prep for a downhill ride -- buy the dip. Ridiculous fib ratios on TESL. Bon chance! www.tradingview.com
Buy op coming, but this hypervaluation and artificial demand cannot continue. Need to confirm value and determine bottom channel. Retrace already in play, through AB of ABCDE going down. May* see a 45 fake breakout prefacing dump AB CDE. Dabbing-H&S forming on the hourly, as well as GOOGL. Don't fall for the overvalued hype. Wow -- the symbolism is...
buy op -- wow -- fib ratios.
Artificial demand with Fed buying up corp debt. Need to establish bottom of channel. Buy op.
Show me a daily high higher than Friday close and I'm wrong.
Just getting started. We expected the pause $285-288. Verification of $275 support confirms larger cycle up and we shoot three hundo +. Base camp 2 as we climb ETHerest 2020. Short term moon - wave cycles in sync - epic set.