With Bitcoin at 29200, this would be validating a solid 5th diag. (this one is invalid above 29850 ==> this wave can't be longer than 3.) Volume and oscillator profiles match this thesis.
Ethereum following closely on price action. I'd be very surprised to see a close above the upper diagonal TL, but it could wick violently above. If this should happen with a...
$FTM - Odin Zone.
So the first thing I want us to notice here is the FSS doing pretty good on this timeframe. Even the second buy signal during the drop yielded 13% upside.
In a previous iteration of this chart, the .618 zone barely gave any resistance to the drop. It led me to believe, that we might have had a full run here (12345). After adjusting the fibs,...
Here's an updated count. One thing I'd like to draw attention to is the non-stop increasing volume you can see on this move.
While it is possible to see wave 5s have more volume than wave 3, It is not a likely occurrence; plus RSI has already been divergent for a while.
This whole move above 19k could be the whole of wave 3, and wave 5 could take us well into...
This is Bitget's platform token. I've been looking at this chart for a few days and could clearly see the retrace wasn't over.
The volume started to pick back up again early 2023 to form an impulse. Where this is situated in the grand scheme of things, only time will tell, but this structure most certainly needs a wave 5. Unless this is nothing more than an ABC...
The rounded bottom is clear and this is a good spot to fill up on spot bags for the long term. I don't foresee another 90% drop in value from here! Time will tell whether this too is accurate, but I'm hoping to have an FSS Print on this timeframe. The ABC (C diagonal in particular) took a crazy long time to play out.
My past analyses of this coin have been...
Long term bullish on this coin for my part. However, all are subject to corrections, near is no different.
I seen a lot of pennant drawings on CT in early Feb, but none of the breakouts really bore fruit.
The way I see it now is all this fuss was a huge flat+ low volume 5th, aimed at trapping as many bullish traders as possible before dipping down for what I...
Odin Zone. I can finally give away this awesome looking setup. With an astonishing 35:1 RR, this one is a no brainer.
Keep in mind that this could take 2-3 weeks to play out, and we're not safe from the black swan event. So putting the SL will be super important, as well as having a plan B for if that SL hits: There are other entries to be had as well, the .786...
hiVALHALLA is offering some great entries for a potential trend reversal. 💸Money may start to flow from low cap #alts to Kucoin FractionalNFT collections. I mapped out some entries & potential paths for price. VERY risky so SL is a must! R/R is worth it for me🚀 Some of these Fractional NFTs traded sideways for a while before mooning so it's a patient trade. That's...
BINANCE:BTCUSDTPERP
Greetings, and Happy New Year to all my fellow Berserkers!
Yearly, Monthly, Weekly closes have all just happened. Which will allow us to dive deep into candle analysis as well as EW counts. Lets start with the main count on Bitcoin. (1W log Chart)
I've identified a general target zone for the year. The box was drawn based on previous...
$ETH - I'm looking for this sort of price action going into February. I think there's a decent long to be had at the end of this flat. If you zoom into the inside waves of the flat, its pretty clear its the main count.
The alt count is that 5 is still printing its diagonal, in which case the correction for the larger degree 4 could be deeper to around...
The Fed decision could trigger this trade with ease. The lower and upper trend lines are part of a larger degree diagonal and we're approaching the final wave down.
Safe trades.
Finishing or finished its corrective structure. (could also just be wave A like with FTM).
The candle count on the bull market vs the bear market for this coin. Its 100% Symmetric at the moment (57 candles vs 57 candles).
I like what I see here. I would be interested in buying in heavily a bit lower for a 50RR minimum. 50% chance I will not get my lower entry...
I could paint the 5 waves down as a corrective structure. But, I simply can't ignore how much they looks like an impulse, making me believe more in a wave A... :
- Deep wave 2 retrace
- Strong wave 3
- Diagonal 5 with a divergence.
This would be my main count on FTM. There is considerable upside to be had regardless. A notable minimum target on this would be...
3D Chart Log.
First off: 1-2 subminuette seems likely finished (i-ii).
Secondly: Zoomed into the subwave count of (C), we have a clear divergence at the bottom with a bounce that showed is the most volume for the past 6 months. 5 waves of C seem to be in. There is always a possibility of a lower low, but I doubt we'd be breaking into anything other than a...
My previous analysis of this coin dates back 6 months.
I got it wrong in that 70% odd should have been in favor of the correction not being done. In hindsight, there was no divergence on the weekly (there still isn't). But is that the relevant timeframe? Probably not, also in hindsight. Now, having zoomed in slightly to the 3D chart (still Log), we can see there...
RUNE Weekly here. (linear).
Clear bottoming pattern is forming and we're in the final stages of the WXY correction (finishing up the 5th wave of C of Y). I'm really excited about this chart and have been for sometime. The last time I added to my bags was around 1.19. If we make a new low, which is about 50/50 right now, I will add more without hesitation.
Once...
