Just updating that 30m chart, in which price action (micro triangle break) seems to be igniting the terminal leg downward v of the impulse wave 3 inner a right-angled structure, likely an expanding ending diagonal. Plus hidden divergence on Chaikin Money Flow.
BTCUSDT made a beautiful corrective C-multi-wave pattern, which surprise terminus finished with an 5th wave leg-up that surpass the trend-line, after an ABCDE triangle. In the Wyckoff Method narrative we can call it an upthrust movement in phase c of a distribution. About the wave count, the entire triangle is an contracting ending diagonal of a corrective wave C,...
Dear HodlCrypots,
Currently there is some indecision in the market. The spike up of btc entered a no trade zone (at least for me).
While I was updating my chart for LTC I noticed a sweet algo target that had four (!) algo targets set between 64 and 66 usd. Either this is a huge coincedence or it must be an important pivot in the chart where going long is a...
Hi To All
In my opinion corrective Wave 4 is still active
A = 12345 Near to completion at 1205
B = ABC Still to come
C = 12345 Still to come
Plan :::
Short from 1205 till 1140 ( For B of wave 4 )
Long from 1140 till 1230 ( For C of wave 4 )
Wave 5 is Short from 1230 till 1085 /1055
This is a long term plan stay in contact
I will be guiding on the way...
