This is my short term plan, we finished wave A of wave 4 and now we are going to draw wave B, it will take a few weeks and then move to the target to complete wave 4.
Current view.
Running flats are formed by 3-3-5 waves. Meaning we should not cross $3 price which is below primary wave C. I'm seeing this current drop as finishing wave 2 of our major impulse.
This structure, and others' as well, makes me believe that Wednesday's FOMC press will be bullish.
After the price broke the $11 level, the previous scenario became invalid, I think we are still correcting and it was confirmed when we hacked $11, I expect the target closest to the end of wave C and a rebound to the top at $5.6, and it may continue to the downside until $2.2 levels, I think there is not much time left for the correction to end because wave C in...
This coin is supposedly already done with bottoming. Big volume kicked in already, ABC in a triangle done. This last pullback was needed and it's on it's way to break ATHs this year. Inefficienty on 4H filled.
Trying not to be biased, but the setup looks amazing for the upcoming months.
I DO NOT KNOW ANY SORT OF ANALYSIS, I JUST DREW THIS TRIANGLE A COUPLE DAYS AGO AND IT HAPPANS TO BE FOLLOWING IT PERFECTLY.
i have no idea how this will play out, the idea of capitulation is being thrown around with the fomc announcement tomorrow / in may so downside like this is possible, but saying that i think it will be quick and we will see new high after...
loose trias price prediction.
keep in mind this can sway higher or a lot lower depending on bitcoin.
loosely based off time, more dependent on the level.
ALL CREDIT TO CRYPTOJULES VIA TWITTER, THIS IS NOT MY ANALYSIS, JUST SPREADING HIS WORD.
today is a key day, bitcoin has bumped up and has thrown us off track, the purple lines are the levels I would guess we get rejected from. I still project us to be in the 4.5-4 dollar range even if that happens a day or two later. I have added an upside line and I suspect we will know which way we are heading by tonight or early tomorrow.
again, my charts are...
keep in mind any radical move from bitcoin can drastically move this chart, this is just where i see us going.
and please also not my charts are loosely based off dates, however they are based off levels so keep that in mind.
based off ideas from cryptojules on twitter
these so far are my predictions for trias. if you notice the top wave has followed nicely and the bottom line from the previous chart has been invalidated. Now personally I believe will we see the bottom wave play out because bitcoin is expected to also go down.
PLEASE NOTE - 1. trias is heavily affected by bitcoin and any radical move from bitcoin will most...
I believe this will play out if bitcoin continues on the decline. I also believe once we enter the green box we will skyrocket out to about 7-8 or even 10.
Please note the arrows are based off levels and not exact dates.
Trias is looking good. Breaking out of the Kumo if it keeps above we can see some heavy price action. My personal indicators say that it’s time to fly.
Trias is in a good point to buy, we have support from the trend line, which we have never broken through, I expect growth up to 20MA, fixation above it and consolidation with the further growth.
Always consider the state of the market. DYOR!
TRIAS, retested previous big support level, broke resistance trend line and got big resistance above at 8.74 and daily 20sma is also near, so be careful with it. Watch for retest entry, indicators high. Good luck traders
