wormmaster2021

wormmaster2021

The bear butterfly and ABCD Extension patterns that I called out in my previous post (extreme downward patterns) have been confirmed, here are the harmonic price targets. pt2, pt3,pt4. It is plausible for BTC to bottom at 16500 or lower, probable to hit 18.6, and highly likely to hit 19.9.

wormmaster2021

RUSSELL 2000 Heading Lower, Head and Shoulders chart pattern will drive bearish continuation.

wormmaster2021

BTC 6h Bear Butterfly & ABCD Ext patterns at play, strong bearish retracement expected

wormmaster2021

The second DOGE CupNHandle pattern was invalidated, and should continue bearish retracement. This chart shows the bearish harmonics at play with targets.

wormmaster2021 Updated 

Multiple stacked cup n handles, doge going much higher...

wormmaster2021

DXY currently in ascending broadening wedge pattern and should retest high, if fails to push higher, expect bearish retrace to mid 90's levels.

wormmaster2021

As mentioned in previous idea, the negative CPI news and failure to keep momentum needed to breakout from the descending broadening wedge yesterday has already placed BTC 4h in a BEAR Cypher pattern with pt4 ~15000. However, there is another worst Case BTC DOOM Scenario based on current 2D BEAR Harmonic that is still active.

wormmaster2021

BTC 4h harmonics have turned strongly bearish with Cypher patterns indicating potential drops to 15000 level.

wormmaster2021

PAXG (Gold) 1W harmonic chart showing continuation of BEAR Gartley pattern. Very likely to return to 1500 level trendline before there's a trend reversal. NOTE: 1W timeframe...gold moves slowly.

wormmaster2021

GBPUSD 2d BULL Butterfly entry seen on 2d chart. Price targets aren't high enough to show reversal of current bear trend, but for the next couple of months appears that price should bounce at current level.

wormmaster2021

4h Multiple BEAR AntiButterfly and AntiCypher patterns Price should initially continue to climb, then ladder down to just above previous low, bouncing, then laddering down again hard to 3200 level.

wormmaster2021 Updated 

BTC 4h has been in a BULL deep crab harmonic pattern since it's recent low. Typically, these deep crabs will hit pt1 and then do a 1.0-1.272 retracement, forming the first "claw" or "cup" before shooting upward, hence the "deep" part of the crab. BTC's price is currently at pt1, hitting strong wedge resistance, and looks very likely to begin forming the deep cup...

wormmaster2021

If you read the last post, you may have been wondering where is that BULL deep crab he's talking about? I realized it wasn't obvious in the chart. This chart should provide a better view of it on 4h timeperiod.

wormmaster2021 Updated 

Interesting facts regarding S&P500 retracement levels measured from 2009 financial crisis low to ath.

wormmaster2021 Updated 

Here are some possible outcomes as BTC attempts to break out of the descending broadening wedge. Which way do you think it will go? Please explain in comments.

wormmaster2021

FTM did punch through descending broadening wedge resistance, forming a new higher high. However, the bull deep crab pattern it's in typically will do a deep (near 1.0 or greater) retracement from the initial point. The shape of the cup may looks something like the yellow path (or even lower)...

wormmaster2021 Updated 

Strong upside potential as SHIB breaks out of smaller descending broadening wedge. If it can break through the large descending wedge, this could rocket price upward 30x+. Traditional wedge pattern lining up nicely with bullish harmonic.

wormmaster2021

31x potential gains if ETH breaks thru descending wedge. This would put ETH ath at ~7000