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.
read like a book, could be a 1,A with an Ending Diag, too tired to measure, so ill just say falling wedge, looks like futures already broke up a bit, pos up for the 2,B, then new lows possible, maybe. watching
trade worked out,took some prof at break of high, then got dumped on, didnt manage trade as well as I should have. Still holding a bit, this is another chart where I need clarity. Maybe top in, ext 5th, sideways WXY need to break some Ls or Hs MO
pos bear ABC it done it going down. New lows. Another count may unfurl, not super clear on what the move down would be, could be an impulse not complete, could be some kind of ZigZag Combo, looking for #ClairityofCount bull div
$cweb update...this is the bear count. Soooo, hit the upper Channel line, channels perfect no matter which anchors you pick btw, sup/res hit, reject off of .50, almost hit 1.217 of A, but has not crossed into wave "A" territory...not gonna call it done yet, but... #potstocks #weedstocks
the 1 of C in this count is sus. it gets a 1:1 though. Channels damn well, MO. Dem Channels doe! If you are not using PA and/or EW channels...you should! May be a factor on PA right now...Not Channeling Advice! Ran out of arrows..
Soooo, not alot this can be EW stylie did not make the .90. sideways wxy and flat off the table. 3 counts i can think of. xyz down and in a 12,12 going up. Abc W abc X and down for a ZZ Y, Triangle if you believe ABC . also Leading diag A into a bigger correction. time will tell
A lil sumting from my old friend. Full me once, shame on...shame you...fool me... i wont get fooled again... this could be just another 3 wave move back up than down we go again... gonna wait to see how this unfolds. may take a short at .1.272 or 1.618 if the waves tell me too. otherwise waiting for a full 5 up, 3 down to the .50 for a beautiful long...waiting
not gonna lie, i dont like this count. running flats are rare and I personally hate calling that move down impulsive, but others see it that way so i figured i draw one up just in case i might could possibly be wrong...
Still many possibilities, MO. 1st step is busting out some of these smaller channels and breaking some highs or lows to get a better clarity of count. I have a plan for a break up and a break down, do you?