This graph shows the relationship between wave 1 and 2 of the previous 3 wave structure projected forward onto this current wave 1 dip. I used the FIB Time Zone tool to project forward the market structure horizontally. Also I've set the chart to log and projected the same angle of previous high caps 1 and 2 onto the current cap of 1 at 20k. This gives me an x and y cross hair for time and volume. Looking at 5/19 @46k and 7/18 @64k
This process is very binary and has no personal creativity or FIB levels applied. It's one ratio of volume and time of a 3 point structure from 1 to 2, applied to the next 3 point structure from 1 to 2 at a 1:1 ratio
This process is very binary and has no personal creativity or FIB levels applied. It's one ratio of volume and time of a 3 point structure from 1 to 2, applied to the next 3 point structure from 1 to 2 at a 1:1 ratio
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This is the best graph I've ever done and it gets no love :(
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This chart has been great to go back to when day trading. If you know the end game you can better prepare for the present. Also looking forward to a month vacation from crypto once we get to 13800, That's a long curve.
During that horizontal period I have 12 cryptos I'll be invested in. No BTC, looking for a small bull run around 280% growth avg prediction. Then come May Everything back to BTC to 46k
During that horizontal period I have 12 cryptos I'll be invested in. No BTC, looking for a small bull run around 280% growth avg prediction. Then come May Everything back to BTC to 46k
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Currently I'm 80% LTC btw as I see it out performing BTC on this next breakout up to $13,800. By my projection chart I have LTC hitting $374 at that same time, could be higher, need more info on the impulse wave, but so far LTC is looking more bullish