About meEducated Entrepreneur, Trading cryptocurrency since 2015, Teaching people how to trade since 2016 on youtube " highaltitudeinvesting " side hobbies electrical engineering, computer aided drafting, guitar, piano, flstudio, banjo, uke, audio engineering .
ABCD Falling wedge final wave starting to paint :)
Looks like we triggered some downside to the .786 fib!
lets take it all the way to $5,000 and get a flush new cycle off the .786
we could always trigger upside here also here is the ALT count for that .
Overall this is pretty heavy Resistance at $5,900 as support so we ...
Sorry Jeff... time to dump
Tech stock #2 is amazon tech stock #1 is netflix
and netflix is already starting to dump... not to mention Nvidia
dun dun dun! this is unfortunate due to amount of people that will be out of ...
We are seeing some early signs of bearish sentiment ... I have said multiple times in the past if we get some type of correction in stocks it will be because of overvalued tech stocks such as google amazon Netflix nvidia and many others..
I am not trying to call a top here! we still need to make more lower lows to confirm the trend but we are getting early signs ...
Watching this upward channel
counting a potential 1 - 2 EW
Identifying the bull/bear cycles
if $5900 fails this count would be invalidated
If we get a impulsive 3 wave here that would be a really good sign
bots seem to be accumulating right now thinking bullish because everytime we get a panic wick down we see buying pressure come back in full force so this ...
Lol 90% retrace? and people still think its overvalued XD
Tp levels in image
I rarely give signals out for free due to my VIP product but things are really looking good in the markets and I see big things coming so out of generosity this one is free
remember STR buy signal of 2017? yeah same story again here with ripple.. speaking of that STR is breaking out ...
Sub waves are showing a ABC correction
watching for support to be found between the top of the 1 wave and the top of the 4 wave
ABC correction proceeds with a bullish impulse
we could make a couple lower lows but this is good to accumulate
sub-waves for abc = 1,2,3,4,5 - a,b,c - 1,2,3,4,5
this coin is oversold on MACD in multiple time frames.
Bitcoin completed a triangle correction
- Had strong shakeout & panic today
- Oversold conditions
- Market cycle completed
- Thin ichimoku cloud
- Inverse H+S on crypto total mcap
- Strong bullish trend in big picture
Here's the thing with Crypto you have to think big picture & not get stuck in "FEAR" or "Over trading " focus on the biggest time frame first ...
Hey everyone can you smell the confusion in the air? take a moment to think and just feel the energy in the crypto space... what does that feel like? feels like the same energy/sentiment that we had at $6,000 & at $6,500 ... smells like bottom territory .
Some things pointing me to this trade!
1 - haven't had a 1.6 billion dollar volume spike on the 3h
2 - ...
As you can see we have been putting some nice waves in on the 1 hour with a strong trend since the sub $7000 levels & this is expected to continue
however it is important to be aware of both options especially after a strong rally.
Bullish scenario -
1. We start impulse to 11k and meet Resistance
2. oversold macd
3. 1 2 3 4 5 impulse ...
"Hey folks! this is Highaltitudeinvesting here .
Doing some long-term technical analysis on Bitcoin
in this graph I am using LOG chart on "BraveNewCoin
Liquid index" (this gives me the most DATA for price)
Using channels and Elliott waves you can get pretty
good Idea of what is happening in the big picture for
Bitcoin & Cryptos.
$100,000 is first major ...