rookiyong

rookiyong Updated 

If Dec 2021 had been the a Major (iii), then a complex corrective Wave 4 is possible which could span months or years. Taking one step at a time. I believe we had hit a strong support and a completed Wave C. The current move off support zone had been rather steady. Price is testing down trend line for the 3rd time. With an impulsive Wave (3) heading into the...

rookiyong Updated 

Maybe we are finally moving down for that generational buy.

rookiyong Updated 

Looking for a breakout of the small triangle holding pattern. Possible sweep of Monday low and a move into the June low at 17.5k for a possible completion of Wave 5 of 5. Not a lot of upside even if it works out.

rookiyong Updated 

Got another opportunity to short off the higher time frame supply zone. Deviated off Monday high. Target is much further down this time. Best SL should be above 144.85 HTF level. Good luck.

rookiyong Updated 

Completion of a 5-wave impulse. Could be a fresh Wave 1 (bullish) or Wave C of 4 of (i.e. new lows to 14.5k). Asia session pump / breakout usually gets faded (usually). This is a no confirmation trade. Shorting based on fibs confluence. Good luck.

rookiyong Updated 

ETH has a cleaner break than BTC. Possible move to the 2 equal lows below. 1150 / 1080 or even a break below 1k. Not looking for anything below June low. Good luck.

rookiyong Updated 

Following up on my previous idea which was stopped out. Possible expanded flat almost complete. Ending diagonal on LTF. Might have last throw-off to 1.0550 before quick drop. NFP coming right up. SL to be higher up if trading news. Good luck and enjoy the weekend!

rookiyong Updated 

Took a long time to clear this area. Retest was done IMO and moving lower Good luck!

rookiyong Updated 

Looking for price to get to bottom of range to complete a corrective flat / Wave 4.

rookiyong Updated 

Flipping long here. Not totally convinced of this, but putting a small position on could earn some meals by end of the week. :) Easy invalidation of this idea below $1140. Good luck!

rookiyong Updated 

The last up move was invalidated by a dip below 16.4k, so it is either a Wave X or a B. No impulse. May be a slow move now to the bottom before we get that buying opportunity. Not really tradeable unless you are day trading. Watch out for range lows around 88.6% fib. Good luck.

rookiyong Updated 

Possible Wave 4 here for a short term trade up. Easy invalidation at 15.9k if trade fails. Don't think it is a time for long term position yet unless spot buying. Good Luck!

rookiyong Updated 

Weekend price manipulation up. No trade yet as of time of publish. Could still move a bit higher. Watch out for a clear break of the rectangle for a continuation down. If front running before the breakdown, place SL higher. Good luck.

rookiyong Updated 

Price has been consolidating for too long here, so it is more likely a Wave 4. Unless price runs up above the 18k level, if not 14.5k should be target for a bottom. Good luck.

rookiyong

This wave count is for Bitcoin's bottom already in, which correspond to my HTF chart here: > Triangle wave 4 (typical of pre-final move) > Wait for a sweep or touch of current range lows (15.5k to 15.8k) to get Long Any shorts will be closed instead of waiting for 14k as that may or may not come. Good luck.

rookiyong

First published idea on TV. Bitcoin is at a potential bottom. Building a long term position could pay out well. Clear invalidation of idea if we get a close below 13.8k. Good luck!