Keep polishing from my prev. wave count to get a much suitable wave count. I believe current price action is a good time for accumulation esp. if we go lower to complete wave 4 correction (but not lower than 19.8K which is the invalidation point but unlikely to happen). Now is the good time to be bullish when everyone is bearish!
BTC (daily chart) updated wave count which I prefer than my previous wave count.
Alternative count in red from previous count shows more proper? Either we are done completing wave 4 or (4) correction and the next impulse will be wave 5 (3) or (5). I don't see any reason to be bearish right now.. NFA
How can you not be bullish in crypto right now? ETH weekly chart shows we are almost completing wave 4 correction and the next impulse wave 5 is gonna be epic! A good time for accumulation and always be patient. Not financial advice.
One of my fav low cap 100x gems which shows how early we are in the current wave cycle. Patience is key.
Expecting a move up higher to 34.5K on the shorter time frame based on this chart. Not financial advice
Previous wave 4 bottom of 2013 is around fib 0.5 of wave 2 in relation to time. If we compare to current wave count, then there’s a possibility of bottoming somewhere end of May or between May to August?
$BTC short term bearish scenario, but may ultimately bounce sooner after final capitulation? It may, or may not.
Is this the case for the entire sideways move of BTC? Notice the triangle Y seems to be the final corrective structure in the combination for wave 4. Not financial advice.
Must hold 41K and we bounce from here for final wave 5.
As mentioned previously for my target for wave C if this is a flat correction (where A = C) was at 33.7K. But we must flip 41K first.
I think we almost there? If wave A equals wave B in a flat correction then 33.7K is the target.
It would really be nice if we do get a bounce from here. If not, I still have some bullets.
My previous wave count was invalidated and this is now my updated version. Is the bottom already in? (if we break and hold above diagonal line) or one final capitulation to end wave 4? This is purely subjective and I am bias to the upside.
BTC dominance currently at support area, expecting some bounce for wave C of wave 2 (sub-) or break ang go straight to wave 3(sub-) of bigger wave (3)?
We may have a happy and prosperous New Year! 2022 to the moon?
Invalidation area is if price move below 40.9K. I'm still bias to the upside.
Probably a good area of support at 0.5 level? My opinion only, not investment advice..