Wanted to make final macro view perspective on how I see things playing out based on the knowledge I have on curve projections and wave counts in crypto.
I didn't put wave count on the chart to keep it as clear as possible. It's clear that we're gearing up for the final 5th wave up on logarithmic chart..
Pivotal point / strong buy signal occurred on Nov 4th. But we still got at least one more week to jump on this train at cycle changing point.
To get a price using curve pattern is easy, although not as easy with timing.. Let me explain, how did I came up with this timing:
$1.99-$1.13 region is monthly last supply zone before ATH.. Again, I looked up BTC/USD impulsive move in the summer, when we stopped exactly at the top of last supply zone on BTC/USD chart and didn't revisit for more than 4 months now.
Idea is to sell some or all of your coins at that $1.98, enjoy life time profits for couple of months, then re-enter at $1.13-$1.15. Gear up for the final impulse move before multi-year consolidation again (unless fundamentals says differently at that given moment and time).
Focus on the long term picture, I know it's hard, but totally worth it.. If it was to play out the way I drew it, we're only a year away from life changing profits. Patience!
I'll attach BTC.D chart in related ideas down below, have a look!
I hope you got something useful from this chart! Like and let me know what you think in the comments. :)
This is not financial advise.
I didn't put wave count on the chart to keep it as clear as possible. It's clear that we're gearing up for the final 5th wave up on logarithmic chart..
Pivotal point / strong buy signal occurred on Nov 4th. But we still got at least one more week to jump on this train at cycle changing point.
To get a price using curve pattern is easy, although not as easy with timing.. Let me explain, how did I came up with this timing:
$1.99-$1.13 region is monthly last supply zone before ATH.. Again, I looked up BTC/USD impulsive move in the summer, when we stopped exactly at the top of last supply zone on BTC/USD chart and didn't revisit for more than 4 months now.
Idea is to sell some or all of your coins at that $1.98, enjoy life time profits for couple of months, then re-enter at $1.13-$1.15. Gear up for the final impulse move before multi-year consolidation again (unless fundamentals says differently at that given moment and time).
Focus on the long term picture, I know it's hard, but totally worth it.. If it was to play out the way I drew it, we're only a year away from life changing profits. Patience!
I'll attach BTC.D chart in related ideas down below, have a look!
I hope you got something useful from this chart! Like and let me know what you think in the comments. :)
This is not financial advise.
Comment:
Guys, be careful if you want to open longs here.. We still need one more re-test of crucial daily supply zone at $0.25-0.26.. My target to open more longs are at $0.254.. This is not an advise, just a reminder that we might see some wicks to the downside :)
