This is terrible, it is so bad... No one can say they did not have a fair amount of warning. People have been presenting solid evidence for years now.
All these people waiting in starting blocks, afraid to miss out. The problem is not not being fast enough and missing out while you were not looking, it is opening your eyes and not being delusional. Every time,...
Descending Triangles break out Upwards more often than not if they are entered from the Downside.
More Bearish Momentum seems likely for the rest of the day or the coming days before we might go test an upwards Breakout.
3D Heikin Ashi starting to show weakness after a period of consolidation below the "Bullflag" Trendline.
Horizontal Trendline drawn here or the lower Trendline of the channel seem to me the most obvious bounce targets. These also coincide with some important levels if you would draw a Fibnonacci Retracement on the Rally.
So much sideways. youtu.be Some many sideways counts it could be, or the correction is over and moon bound... either way, btc needs to get up to the .9 retracement, per EWI, of the A/W wave pretty quick here to keep the sideways counts on the table, my opinion. Got a slight rise in vol.
In a multi ZigZag WXY sharp Combo, W and Y must be simple ABC ZigZags. If you think we are in a 4 of a larger degree, this is going deep for a 4. But this chart has a much better "right look" to it. A lot of this count depends on the next pivot , if we turn soon to head down this is a pos path. Usually, W:X = .382 to .50, W:Y = 1:1, A:C = 1:1. and some other...
this count is getting less likely, like i dont like it, the Y (a) wave is just as big in price as the whole X wave and now this "B" is making this Y seem to be not of the same degree of the X... bottom of list.
this is looking less and less likely, barring the count leniency allotted, lots of big words, ZZ are supposed to be sharp in price...we particly Paul Wall at this point... keeping this potential on the list, but its near the bottom of said list, MO.
Pos wxy sharp 2x ZZ. The X is deeper than the usual and the Y (a) wave is as big as the whole W wave when the X:Y 1:1 is most common. The most common projection for a C of a ZZ is 1:1 A:C, then 1.272, 1.618. eyes on 7k-6.5k if not deeper
Another possibility is a Leading diag A of ZigZag, maybe unlikely but just in case, going off of right look, triple ZZ are rare AF, measures and channels dece, that said 3 may could be other ZZ fam, inval at 7k, 5 cant be > than 3. Or its not a LD
pos counts IF flat. maybe unlikely but just in case - didnt make .9, +right look, A:C 1:1, ZZ in A/B. So completed flat= A of flat, W of DT or TT, Flat done 1,2 moon. A break of 9k invals A LOT of sideways counts.
Weather seasonality or else everything was prepared for bull run and it took of at 1 April 2019.
It has been non-catchable almost vertical bull rally. As of 25 June 2019 the bull is exhausted and there are many BTC are for sale.
Volume (VF) is making lower high's indicating that the buy power is not coming back at these levels.
On an "academic" perspective this is so beautiful, but first I want to celebrate. Because I saw it coming. I saw it all.
And who else did?
I of course predicted that ignorant people would tell me how wrong I am and "got burned".