Basically I see a fractal from the last big dump, looks like it could mean some more down.
I'm seeing some pretty clear fractals here. I've outlines them in the chart. I expect a bounce here soon from 8k with a possible breakout of the wedge followed by a dump down to to retest the bottom. I'm thinking 5k will be the bottom. I'm new to this so please if you have any advice please let me know.
Fractals have been nearly 100% accurate since the bottom. I'm seeing a obvious fractal here and it looks like we should test the bottom unless this is rejected convincinglly. Sentiment is about as bad as it's been in years. High chance of a breakout from the wedge up into a bulltrap then back down to 6.7-7.4k. thanks
Inverted cup and handle to leg down to 7800 then bounce up and out of the wedge.
Clear fallig wedge after a elliot wave retracement. In a massive IH&S on the daily We havent failed to break up from a falling wedge since the bottom. I'm very bullish.
Kinda wanky but, if we can get a bounce theres a chance of it playing out.
dunno if it means anything, thoughts? im thinking we bounce to top of inner wedge.
Coming to the end of this inner falling wedge , highly unlikely we break this support/trend. We still have a ways to go to the tip of this larger falling wedge so if we don't breakout on what I am predicting will be a bounce up and out of this snaller wedge after we retest the bottom support/trend here in the next day or 2. So depending on if we drop back below...