brettfb

brettfb Updated 

Maybe EOSBTC will complete wave 5 as a diagonal

brettfb Updated 

Maybe EOS is printing an ascending right triangle and will break out topside. Publishing this to see how it pans out later.

brettfb Updated 

Maybe GTO is in a triangle correction and will break out in the next couple of hours.

brettfb Updated 

Maybe this was a 5-wave impulse and it's ending now. If so, it might retrace 50-62% of the wave. Waiting to see which way it goes now.

brettfb

Maybe we're seeing a 5 wave A for a zigzag correction. Not sure how far it will take us but this seems to have held up so far. Posted as new idea because the old one would only let me add screenshots. Short until the bottom of 4 at 7684

brettfb Updated 

It looks like AIONBTC may be printing a cup and handle formation. If it completes, target is around 4700

brettfb Updated 

Maybe BTC will complete a full impulse up.

brettfb Updated 

IOST appears to be nearing the end of a H&S formation. If it follows the H&S projection and continues for 1x the distance from head to neckline, that would coincide with a retrace to .236 of the last motive, which would also coincide with a retrace to .707 (sqrt of .5) of the larger degree wave.

brettfb Updated 

Looks like BTC might be printing a diagonal inside another of larger degree as part of wave C. If so, 5 of 5 of c will probably be a small impulse up. Should have one more short leg up now, then a correction, and then an impulse up to finish wave C

brettfb

Maybe BTC will make another fractal of smaller magnitude?

brettfb

I'm still working on this and can't seem to fit it into a wave cycle that conforms to the rules of formation, but it seems like BTC is going through some kind of fractal correction, with each iteration being smaller than its parent. Will publish new idea and link it in an update here if I can make this all fit together. I left the fib extensions off but each 3rd...

brettfb

If BTC ends up completing a full impulse, maybe it will take this path. Target is ~8600 for the next motive wave

brettfb Updated 

We appear to be moving in a double three for this 4th wave correction. Looks like it might continue up to ~8300 before turning back down.

brettfb Updated 

It looks like we might now be on the third subwave of wave 3 of C of this correction, assuming it is an ABC correction for wave 2 of the higher degree uptrend. If so, we should see a strong bounce around 7800 and then sideways for a while for wave 4, before continuing on to wave 5. I think we might see a truncated 5th on this current 3rd wave down to start wave...

brettfb Updated 

just publishing this to see how it pans out later. not super confident on it

brettfb

Looks like I counted wave 4 as part of wave 5. I adjusted the wavecount on the previous wave C of B to properly count the 5th wave up. Now we appear to be on wave 2 of 5 of the final wave C of this correction. I am waiting for either 7600 to see if it bounces there and maybe I'll buy in, or it could go as low as 6000 since this would be wave 2 of the greater...

brettfb Updated 

I was wrong and BTC kept climbing a bit further before losing steam on the latest run. It looks to me like we are near the end of wave B of this ABC correction within wave 2 of a bullish trend. I'm new to EW analysis so please let me know if anything seems to break the wave formation rules/guidelines. As far as I can tell everything conforms. For wave C down I...

brettfb

i dont know if it will let me update an existing idea and draw on the chart but doesn't seem like it so sorry if this is spam or something. i think btc will have another 5 waves down and that will complete corrective wave 2 of larger degree trend, then it will go up for wave 3. made new idea to adjust forecast so now im waiting to see if it starts dropping right...