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afinalboss
Apr 18, 2024 4:09 PM

The Final Drop? Short

BitcoinCRYPTO

Description

Great R/R on this entry

I like the potential for a typical "flat correction" here on a larger fractal wave, which i have labelled WXY and its subwaves all good enough to expect a completed 5 wave move (impulse) lower here, highlighted by the pink wave count.

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We should be putting in a clear 5 wave impulsive move lower here before completing multiple higher fractal waves, which will eventually move us much higher....keep in mind these are levels and time isnt being measured or predicted here and simply showing expected waves to unfold here

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i like this if we continue short here

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All this time later and its only changed the waves SLIGHTLY ... still primed to finish the drop from this original idea and currently at some decent levels to short from

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The core of this main idea is still very possible, as always so are runs higher, but we aren't at a low (with completed waves) ... we do however have completed waves to continue the push lower here

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still valid until the 71k ish highs get violated
Comments
JoyBoyVegae
It can go lower than that expecting around 40K
afinalboss
@JoyBoyVegae, no doubt, ive got a few other ideas with a bigger drop coming in... but i do see the potential for a run from here... so always ready to take the risk if the potential reward is there :)
JoyBoyVegae
I’m not the only one who’s excited for the halving 🤑
JohnBat
btc will go only up. RSI and rest indicates show it
MyCryptoParadise_Nathan
probability of bullish move is high
ChiglincevInvestCompany
ahahhaha, Elliott has now died for the second time XD
afinalboss
@ChiglincevInvestCompany, Tell me why Elliot Wave is wrong? how'd it die?? I remember when i reacted with hostility and bad attempted jokes to things i dont understand, just so i can tell myself its not worth my time to look into. What do you trade? i see you have nothing published.... awkward
ChiglincevInvestCompany
@afinalboss, it's very simple, you choose waves based on your desire, without observing any driving channels and Fibonacci ratios, either in driving waves or in corrective ones
afinalboss
@ChiglincevInvestCompany, no....thats objectively NOT how EW is done, much less the variation i've added to it. I debate Flat Earthers in my space time and you're exemplifying the same behavior. You DONT understand the science or in this case the trade SYSTEM with strict rules and ZERO personal bias and since you dont understand that science you make personal claims from incredulity.
afinalboss
ill ask again. With specificity, tell me how EW is wrong...because your "desire" as you say isnt relevant...there is NO desire. Just calculations. So please tell me how the calculations, which you dont know exist, are wrong.... GO.
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