As this EW trend structure continues we near the 1T market cap. Bear in mind adjusted inflation puts the prev ATH higher, relatively speaking.77-80k or so.
here is some basic principles to discern between Corrective and Impulse. For corrective waves, it helps contextually to have a wave prior to measure the timing and retracement to. A simple way to tell the two apart is their retracements either do or do not intersect each other. A trending impulse wave will never have wave 4 enter wave 1's territory, and never...
volume was virtually nothing before this impulse. there were minutes where price was dead to the penny. Liquidity had dried up at the yearly low. Hope you packed your bags! I spent all my energy studying and interpreting these regional levels, so there is much left to say. Levels are well respected in the corresponding structural fractals within. Squibbly line is...
Target: $34 Current Price: $2.72 +1400% Modified Elliott Wave Fibonacci Analysis. Originally published in April 2021.
Everything is lining up beautifully with this count. Looking for scalp entries at wave 4 and swing entries at wave 5.
I chart using a modified elliott wave theory. I chart to the rules and nothing more. These targets are on the assumption the the entirety of the wave is yet to complete. No valid reversal I can see at this point. down we go, but here are some crucial buy levels. Never make a trade without a stop loss!
Here is a scenario I think is most likely to play out. 69,000 is laughable, and a nice round number to call it done. After the Elliott 160k Scenario broke down and invalidated a few rules with these new lows, it is responsible to consider this cycle's low is inbound. There will be two lows put in: Wave-A and Wave-C. Wave C will be the best discount you may ever...
long term high time frame analysis. The ATH is most likely it, and cycle high is over at the 382 fib time as is the trend historically.
Multi year outlook under Elliott Wave Theory Rules, Fibonacci Extensions, and the BTC Cycle.
Elliott wave targets. Just charting to the textbook, and this is what it looks like.
If youve been following this stock to flow/ elliott wave chart, then you know its been spot on for months. I just chart to the textbook, and this is what it is saying.
Refer to previous charts. Im using Stock to Flow model, Elliott Wave, and basic Fibonacci.
(7) 200 day periods per each BTC cycle. The (3rd) 200 day period, historically, is the period when BTC reaches its climax, which begins on June 13th. Good luck!
This is just journaling of one of my own trades. this is not advice or instructions to do as I do. You are responsible for your own risks, losses, trades, and choices.
This is a revision of the previous chart. The TA thesis is described within the chart. It appears that Grand Wave 3, the most impulsive wave, has come to a screeching halt -- right on schedule. Let me know your thoughts and perspectives!
It appears that Grand Wave 3, the most impulsive wave, has come to a screeching halt -- right on schedule when comparing sub waves within the primary waves, to measure the top of Grandwave above them. Let me know your thoughts and perpectives.
Just an Idea. currently on the sidelines waiting for a good trade.
Wish I had seen it sooner. All of the ranging had my head spinning.