We were thinking a possible ending diag for 5 originally with a move up to 42.8k or so before moving down to complete where those 1212s are located within what we now are thinking is the start of a wave 3 of wave 5 of C of a Expanding Flat spanning a lil over a year in the making. Endpoints for C are the 1.236 AB ext 24240and the 1.618 AB ext typically. (rarely...
Once C of the last leg of the ending diag is done we are expecting a move up towards the 50% retracement ... gotta get up before you can get down
Looking at more downside after a move up for iv. If it isn't iv its II and the move down completed a full 5 waves according to some others but personally I think we are in the C wave of a Flat currently for IV rather than a A wave of a 535 for II. Me personally I'll play it safe and count in real time as things progress and only take trades with a corresponding...
Was an expanding flat all along? Seems very likely. 1.236 AB Ext is looking like a likely endpoint candidate. 1.618 AB Ext depending on where you place wave 1 on the way up may invalidate the wave 4 traversing wave 1 rule.
Ethereum 535 for 4 of C of 4 BEAR COUNT ETH to 1.5k I posted the alternate to this earlier. After BTC invalidated wave 1 of the current wave with what would have been wave 4 the bullish ETH count is unlikely as they move in tandem.
Looks like iv traversed what would have been i and there doesn't seem to be a valid way of counting it that could still be bullish. Looking at the WXY for 4 of C being that top....
Either this count or the bull one I posted above. Play accordingly if you insist on trading trade endpoint divergences and play the insides and ALWAYS MANAGE RISK. But this isnt trading advice. This is me talking to myself and making note on a public platform.
Internal count of what appears to be wave 3 following what appears to be a bottom that ended in a running flat for Bitcoin at 33k Now an in impulsive move up likely last leg in wave 3.
This is just one of the Gold scenarios I've been thinking about for awhile and after the B wave ended where it did I decided to post. I will update as this if I can remember with an up to date EW count as time progresses on.
This is looking like its gonna play out. Although this looks the most likely there are forces at play that could prevent this outcome. Although the bear counts are less and less likely. This is the count that you can count that does not require you to force or skirt rules. If anyone has a better count please comment I'd be curious to see what your mind could come up with.
Looks like we are on the final leg of the final leg of a full 5 wave cycle from the inception of Bitcoin.
Charting back to the very start of Bitcoin it appears that the ATH was the end of Supercycle W5 and that we are due for a long correction Currently we appear to be in the A leg of said Supercycle correction. Wave 5 of Wave A subwave 2 currently to be exact. Currently we are moving up for the C leg of wave 2 to around 36-38k before we will continue sliding down to...
We have formed a triangle as I had previously suspected to form in this wave 4. Estimated target of end of wave 5 is around 15k. I suspect that this is just the A wave of a much larger correction. I originally thought that the break from the ATH was simply ABC down but we extended down much further. Mind you this is the bearish case. There are some outlooks that...
Been working with this chart for a long time now and its done me well. 22.7K Bitcoin is possible. Been short since top of "B" before this 5 wave move down. Currently as of posting we have just entered subwave 5 of C.
Down below I have the zoomed out chart with the roadmap to ATH. Inflation is bringing gold to a new ATH.
Doge is making its way to the 618 or so it is currently in wave 2 of an impulsive wave it seems. Once it tags the .618 or so it will likely begin to rocket up like wave 3 does.