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As you can see the zig zag ends exactly where it should in the channel, there are a few different counts to make 5 waves down and we bounced right off the algo target, so on this chart I think we are bullish for the time being, we did run right into the median line of the channel which is expected, as long as we keep putting in higher lows Im staying Long

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SPY looks to be putting in the W5 of this diag,is it leading and we will continue to new ATHs or is it an ending diag to complete a complex B wave and we get an impusive C wave down to complete the ABC correction. as you can see algos were defending the .50 in W4 giving us a target for W5 at the -.236, which also will possibly fill the gap from the start of the A...

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This is to be expected LTC stalling at the 61.8, BTC and ETH retraced a little higher and made it through the 78.6 which is a good sign but we are not out of the weeds yet. waiting for the higher, looks like we could get a pull back here, looking for another higher low then a sling shot through resistance.

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so if we are finished here (which I do have a count that could be completed here, and a few that show we are going lower so wait for confirmation) with this wave and we are going to move up this is how I think it will play out, so we have the wave down W, then we put in an A and B of an expanded flat X, which the C leg will take us up to around 14.5k - 15k, if...

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BTC RALLIED IN APR AND MAY AND JUST MISSED THE 10K MARK, IT GOT SOLD OFF AT THE 61.8% RETRACE OF THE PREVIOUS PIVOT, THE ALGOS THAT SOLD THERE ARE SET TO BUY AT THE -23.6% OR 5200, OVER THE LAST FEW WEEKS WE HAVENT BEEN ABLE TO GET THROUGH THE 50% RETRACEMENT FROM THE PREVIOUS PIVOT, WHICH MEANS THE ALGOS THAT ARE SELLING THERE ARE SET TO BUY AT THE -23.6% OR...

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LTC failed on the last bounce we got back in April at the 50% retracement line, that is algos selling, typically their target is the -23.6% which we have been trying to bounce off of here the last couple of days, if we lose the -23.6 we will see a fast drop in to the $60s

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ETH forming a similar pattern to BTC with a motive Wave 1 and expanded flat Wave 2, if the low holds we should see an impulsive wave 3 on the horizon.

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LTC looks like it just completed a Wave 1 and 2, BTC is looking the same, completing a W1 and expanded flat W2.Will the lows hold? If so we could possibly see an impulsive move up in the near future. I will start to build my long position over the next few days if we get another higher low.

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BTC just completed what looks like an expanded flat ABC correction, it channels perfectly, if you know how to channel an Expanded Flat you will see how perfect this one played out, Why is this good news? cause if the recent lows hold we are going to move higher to start putting in a wave 3. Im expecting a little pull back then an impulsive move up, as long as the...

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ETH has a trend of retracing to the 50% then dropping down to the -23.6%, we managed to make the 61.8 this last pop but again failed and possibly heading down to next algo target, whats it going to take to turn this market, News, an ETF..... i have no idea, comment if you do, at this point Im just riding it down with each new pivot making another low, pulling the...

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last move up brought us to the 50% retracement where the algos were selling, we keep getting a reaction here at -23.6% ($72 area) where the algos should be buying but looks like they are selling more to go lower again which could bring it down to the next target at $65, we will need to see much more volume come in to bring it higher, not sure its ready just yet

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LTC still hasn't broke the fork, its been heavy resistance the whole way down, can we finally break it. Log Scale

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LTC didn't break thru the 61.8%, so is this just the start of the next wave down or are we ready to break out? full disclosure Im still Long at the moment Log Scale will give you a little different perspective, always worth checking

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Expanded Flat Wave 4 of the 5th is in, we should have one more push down to complete the C

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This is a possible bearish count, with the A wave going in so fast its likely the B wave is complex, we may see a C wave which will be a 5 wave structure down to finish this Wave 4 correction. Keep in mind this correction hasn't lasted very long, but anything is possible from here

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If this correction is not done, this is the road down to the $40 area,I personally dont think its over but time will tell, all the fib extensions measure out perfectly here, the Wave 3 Extension is right on the 161.8%. That tells me we have a wave 5 to finish the 3 to the larger degree(green box) and then 5 (yellow box). But if this is an ABC, we just have to...

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if this leg of the correction is in, here is the road to 100+, the C wave did fall to almost the 161.8% extension of A to B so its possible. we will see how she shakes out

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Wave 4 hit the 127.2% extension, expanded flat looks complete, could have one more push up, we will see, Wave 5 target 55.10-54.70 to complete this leg of the correction