Despite the TARGET SHELL at 418/436 remains still unreached a strong buy signal has formed at 449.77. 72% Bottom Technical Probability. It would be targeting the zone of 530/535. The EW counting is undefined yet. But the bullish signals are there. Count on that this might drag BTC USD up even when the Bullish signal on it has no Tech. probability yet.
Normally when a HIGH Probability of an inflexion point is overwhelmed can happen 2 things: It rebuilds itself a bit above or below (depending on it be Top/Bottom) or exhausts itself, taking the number down, expending the math chances, which tend to Zero. In this case it has rebuilt itself. Target Shell down has been moved above, now it is 436/418.
Normally when a HIGH Probability of an inflexion point is overwhelmed can happen 2 things: It rebuilds itself a bit above or below (depending on it be Top/Bottom) or exhausts itself, taking the number down, expending the math chances, which tend to Zero. In this case it has rebuilt itself. Target Shell down has been moved above, now it is 5,780/5,600.00
Like BTC so does ETH.ETH is in a similar situation (correlation between crypto are not unknown) The motives waves have been moved up into that seems to be a termination of a wave iv at 447.09 there my vias mark an 83% Top Technical Probability. The Target Shell is 395/375 for the wave v to reach.
The motives waves have been moved up into that seems to be a termination of a wave iv at 6,510.00 there my vias mark an 83% Top Technical Probability. The Target Shell is the unfulfilled (up now) 5,500/5,200 zone but this time the algorithm signs more to 5,500 than 5,200 as the most probable.
My model suggests a Target Shell area of 25,747/26,000, it until now could be the continuation of wave 2, therefore the Long Bearish Structure is still on the run. Short Position in buy for these levels, Short sell at the top (once it be spoiled).
My vías has detected a 94% Technical Bottom probability at current values, the target is not defined at all, but at first it seems to be a pullback to the top of 25,402.00 which triggered this current down trend. If the down trend gets deeper and aggressive at first it only would increase the bottom probability unless it turns it below 60 % then the scenery would change.
My vias still mark a strong Top Technical Probability at the current maximum of 6,841.81 there would be the end of the abc correction. A new impulsive bearish movement ´d be ahead taking prices down to the zone of 5,200 at first. (notice the TARGETSHELL has moved up from the previous report 4,919/4,783). Only a strong bull breakout that put the Technical chance...
My vias have detected a keep going fall Target Shell in 4,738/4,900 zone, the Math Chance is up now 94%.
Despite the uptrend observed the latest days that are right now reaching a new maximum at 25,326.00, the Technical Probability remains bearish. Actually it has grown up from 83 % at 25.086 maximum, to the current value of 94% at 25,280.00/25,326.00 (last maximum), closing there the wave c, that´d be displacing the Inverted Flatt Pattern Structure that would form...
My vias has detected that the current maximum at 7,700.00 has now a math Technical probability of 83% of being the wave 2 or B Top.
BTC-USD-Short Bottom strengthening itself with a large probability, but main trend is still bearish The fall from the top at 9,948.00 reaching down the Target Shell of 7,392-7200 zone has built 5 minutes impulsive waves that currently form a wave 1 or A, this is the main tendency which is bearish. However, the next bounce on 7026-7273.89 zone has dropped an...
The Technical Probability drops a very possible top at the current maximum of 25,086.49 zone for DJI.The first TARGET SHELL on the list is the zone of 23,766/23758 zone, but if this top is confirmed, it possibly be the beginning of a major correction as the purple arrow shows.
Now that the alternative scenery has been accomplished at minimum TARGET SHELL zone, hitting a maximum at 9,948.98, there an strong enough Top signal has formed, triggering the current correction with a TARGET SHELL on 7,200/7,400.00 zone (purple arrow & box). The alternative scenery is a climb back to the top of 9,948.98 zone, to test it and eventually to...
The Alternative scenery (red arrow and boxes) has now 67 % Technical probability (*): The top marked on 24,858.97 could be a wave 2 that ´d have triggered the current movement down targeting 21,590/22,000.00 zone. The bullish hypothesis (purple boxes) seems much more far away each day. The minimum of 23,531 has a tiny 33% Probability of being a bottom....
Main scenery (purple arrow and box): The minimum hit on 1,301.50 zone (in that seems to be at first a wave C down) has opened the door to a major bullish scenery on medium term, with a TARGET SHELL of 1,360-1,364.00 in a new impulsive movement. This scenery has 83 % Technical Statistic chance. This hypothesis is supported by 94% Technical Statistic chance, on...
Main scenery: I know this is contrary to the BTC-USD bullish scenery, because there is an evident correlation between Cryptocurrencies, but technically there appeared a Top with strong Probability base (83% Technical chance). The Target Shell is the zone of 416/412 (the purple arrow/ box), might be a Wave 5 down (in the beginning). Alternative (The red one): If...
The reaching for the alternative Target Shell of 10,154 has changed the counting from bear to bull on the medium term. The minimum at 6429.23 built a bottom strong enough to trigger an impulsive movement into that seems to be a wave A, then the correction B marking a bottom on 7806 zone, finally the current wave C looking for the TARGET SHELL of 10,154.