update, for the last wave, i was a little off because I measured from the wicks, where as below, I measured from the full candles. I had to move the targets up slightly to match with the correction (see green arrow).
Looks like steambot willi kept the market bouyant over my nighttime. I'm kinda disagreeing with the bullish sentiment at this stage since the volume (outside of willi) is tiny. Or maybe DanV's chart is in play and we're on the cusp of an epic wave 3? :/
Yes I agree and was expecting this pattern to continue but that bot... Willy... wow, what a machine. He could be running for another week yet ! Could be the Gov buying up everyones coin, no expense spared.
They're going for the breakout first, so the bot probably won't stop until then. After that, channel traders, bots, short squeezes will create the liquidity to either dump or move the market up on its own. If it doesn't, and unless it dumps hard, they'll turn the bot on again to creep it back up. Well that's my guess anyway :)