derelict_dalmatian

derelict_dalmatian

I like ETH back in the $850-900 range for a long... probably November or December... target at least to 38.2 retracement of the entire down move from ATHs (~1700) Trade Plan: Size = S = 5% portfolio Buy: S @ $910 Stop: S @ 780 Sell: .5S @ 1625 .5S @ trailing stop at the last higher low of biggest time frame with established trend.

derelict_dalmatian

Looks like a completed 3 wave move to me. That being said, the diagonal for the C doesn't look as good in the futures market, or DJI. It's not even as clean on SPX. Tough to get any other decent count on the way down though. If 3 waves complete then the correction is complete and we're going to re-test ATH, or it's some kind of a combo. If this is the case SPY...

derelict_dalmatian

Going up for a Wave C or 3 IMO. Targets: 23.5, 27.8, 36.7 Stop: 17.8

derelict_dalmatian

Been calling $12.5 for a couple weeks now, and a few things making this setup perfect. 1. It's reaching this level in extreme oversold conditions 2. Overall market on fire at ATH rn. 3. Santi Claus is coming? Looking for a really nice monthly bounce. Below are my targets, and whether or not I take profit at 1 or 2 depends on how we get there. Target 1...

derelict_dalmatian

We are now near the bottom of the previous wave 4 of one lesser degree, and IMO it's about time for shorts that have rode this down to take their profits and flip long. I've updated my count and I now have A as a leading diagonal, and I have this whole correction as a standard ZigZag. Whatever we have here is in 3 waves, and this count seems to work, especially...

derelict_dalmatian

SEEING SOME REALLY NICE CONFLUENCE TO MATCH A DECENT COUNT THINK THE WHOLE SECTOR IS ABOUT TO BOTTOM. LOOKING FOR A SHIFT IN MY MOMENTUM INDICATORS AND A BREAK OF THE SMALLER PITCHFORK TO CONFIRM

derelict_dalmatian

Bitcoin is reacting to indicators much more in log scale. Notice the retracement to 3k was a perfect touch to the .382, and note the reaction to the median lines on this most recent run. Some wave analysts are calling this the middle of a wave 4 correction; possible triangle. This would make my area of confluence of $5600 a great place for a bounce. Currently...

derelict_dalmatian

Calling this a giant flat. Looks 3-3-5, can't really see it as anything else even though B only retraces 80% of A instead of 90%.

derelict_dalmatian

GOOD SHORT OPP IN RED BOX. GOOD STOP LVL. IF WE CANT HOLD ORANGE MEDIAN LINE LOOK OUT BELOW.

derelict_dalmatian

RED BOX WOULD BE A NICE SHORT TRADE, WITH A GOOD STOP. IF WE CANT HOLD ORANGE MEDIAN LINE, LOOK OUT BELOW!!!

derelict_dalmatian

4 hour pennant / ABCDE correction

derelict_dalmatian

4 Hour Pennant / symmetrical ABCDE Correction

derelict_dalmatian

WAVE count is spot on

derelict_dalmatian

Weekly Bear Flag No Weekly Support

derelict_dalmatian

My first count. Let me know how it looks. Thanks!

derelict_dalmatian

LITTLE RESISTANCE. PT=GAP.

derelict_dalmatian

SPY

derelict_dalmatian

SPY