mayernetworks

mayernetworks

Talk about a nice reversal pattern. Wave 1 almost complete. Wave 2 takes us back.... 3... moon.

05:15

mayernetworks

BTC 146K woot

mayernetworks

Just thought I would share something I find very interesting. Notice that each downtrend's wave 5 ends at between the 618 and the 65. Then notice that each uptrend ends between the 618 and 65. If this pattern continues, you can clearly see where we are heading. The main question is.. what then? Look where the red arrow goes after the last 618/65 touch....

mayernetworks

Chart says it all... Trade safely.

mayernetworks

Chart says it all.

mayernetworks

Chart says it all.. if we hold 6100, we are bullish.

mayernetworks

Red is bearish, blue is bullish.. thoughts? If you take this chart out on the weekly, daily, and 12 hour, the SMA 21 hits the end of B every time.

mayernetworks

Here is a humble little chart of mine. I would certainly love any feedback you can give. As you notice we have been in a large wedge. I believe we fell down into it from Dec. Whether or not this is a 5 count down, or possibly an ABCDE correction.. doesn't matter. We just took a run at the wedge line and were stopped when most people were bullish thinking 10K,...

mayernetworks

Bouncing around a bit.. then boom.

mayernetworks

Here is prediction until something falls out of line. We are in wave 2 heading down of the last 5 wave of the larger 5 wave up. ABC has already finished. We are in a large wedge that will hit at about $10,300 (Where both 5 counts end).

mayernetworks

If you look at the larger trend, back on Feb. 22nd we had the 4th wave take a dive, but the 5th wave still came to the trend line (wedge). What's happening right now is the exact same thing. We had 3 waves, then the 4th is taking a nose dive, and the 5th wave will take us back to the trend line at about $10,300. People think we are about to go down into a...

mayernetworks

Newb here, but with a thought. I think we are going to retrace to the .618. Can anyone give comment?

mayernetworks

Just my .02, but I don't think we are going to break the large trend line now. We are going to initially drop down to a .618 support line, then attack the trendline but ultimately fail. Then we are going to pop down to major support at about 6700, then have enough momentum to push us out of the large triangle.

mayernetworks

We need a retracement to .618 (about $8350) in order to have a good push.. The only question is.. with the existing trendlines let us get there.

mayernetworks

Just a guess. Looking for advice. Give me your thoughts?

mayernetworks

Hello, This is my first published chart. Yup, I'm a newb, trying to learn and looking for some feedback. If you have a minute, could you give me your thoughts on this? Am I completely screwed up or am I actually learning something? Thanks!