potential bullish setup here, long the golden zone, stops underneath it bullish invalidation of this setup = 42605.64 pt1: 50k potential pt2: 54k
good morning, in my last post\video i talked about the importance of the red box which is overhead. upon waking up this morning and counting the waves of the current structure, i noticed that this move takes us perfectly to that target of about 49.7k the indicators i use are also about to call out a massive sell signal (closer to that area), bigger signal...
good chance the larger fractal is at play, i talked about it via: there's 3 setups in this picture, longing the first algo target at 4337 shorting the bearish retest of the ending diagonal at around 4500 longing the second algo target 4210
good evening, since my last post i've done a lot of pondering and observing. i noticed something very important that's been taking place. btc has been holding very steady over these last couple of days, while the global stock markets have been absolutely getting obliterated. this is a massive sign of strength from my perspective, and it supports my bullish...
vale is on the verge of completing its initial 5 waves down into Wave A. look to pick it up at $16.80, with a price target for the mean retracement (wave B) at $20.71 ---- note, corrections come in 3's, so this 5 waves down from the local peak is counted as Wave A, followed by Wave B, and then the final flush for Wave C into the local golden zone. Once that...
i talked about the larger spy fractal via : here's an update to that post. i do think that this exact fractal is playing out, but it's not going to go as low as i had originally expected. spy has just seen what looked like 5 waves down into the local golden zone. corrections do not move in 5 waves, they move in 3, so i'm going to have to label this drop as...
starting to look more and more like something bigger is going on. we're either forming this bigger triangle for a larger distribution phase, or this current move up is wave (2) of a 5 wave impulse going down i'd prefer the triangle, but i'll take the 5 wave impulse any day. if it is a 5 wave impulse, wave (3) goes to 34k. ------------------ triangle...
while btc stays ranging in this awkward range, there's no telling what comes next all we can do is trade the range, and wait for a real break in either direction. ----- from yesterdays scam dump we saw 3 waves up into a text book suckers rally (wave b) extended wave b's are not very common but this is a very good example of one (if it reaches my purple line) ...
all the other big stocks are in a flat correction, except aapl. once aapl finds a local bottom at 145ish for wave (A), i think that's when we see spy see a parabolic move for wave (B) aapl is the leading clue to what's going on in the borader markers right now, and i do think spy is in a larger a-b-c correction as of this moment. talked about the aapl top...
every dip gets bought up anywhere between the 0.50~0.618 algo target we're nearing the golden zone right now, should be there within the next few days. my target remains at 4600, but it could take awhile to get there. Time in the markets, is more valuable than timing the markets. buy the golden zone - sell the -0.236 \ like clockworks. ps. when the...
if we're going with the narrative that crypto is working on the completion of a wave 4, then we gotta make one more low before we can begin the next run. anything closer to $0.96 is a buy for me Target = $1.79 ------------ keep an eye on btc, it is 🔑 right now. when btc pokes the algo target at 42.1k, i think we will see a significant move to the upside.
a wise man once said, don't fight the tape. we never flow against the currents, rather always flow with the waves. btc confirmed something to me this morning, which i wasn't able to conclusively point out until this moment. the bearish abcde which has been forming over these last couple of days, has flipped into a bullish abcde this morning. it might not look...
wallmart recently put in a smaller degree wave 3, and just finished a wave 4 correction. it was a pretty deep wave 4, but it fits the picture nicely. so long as the price doesn't violate the top of wave 1, we should see a nice move up to complete this final fifth wave. wave 5 target = $156
hello, here's a quick update on spy. what looked to me like the completion of 5 waves, might have only been the completion of 3, due to an abnormal extension. if my count is right for this local area, then spy is going to $460, and btc is going 60k before a deeper correction. personally i don't like this count, but it fits the narrative of the massive buy...
i don't really use ema's, but i can't ignore the fact that btc confirmed a 4h bearish death cross recently. the last time it confirmed a bearish death cross of this magnitude was way back in April... and we all know what happened after that. these patterns have held true for the duration of history, and i've gotta say: the "bull run" aka the suckers rally might...
good evening peoples btc is in a falling wedge right now, exhibiting signs of bullishness. positive bullish divergence persists on all of our indicators despite the falling prices. >whales are accumulating down here. >momentum is slowly starting to pick back up. & i have a pretty good feeling that we're going to see a very bullish week ahead of us. so...
there's a good chance that this recent dip was only a wave 4, which gives btc the possibility of having one more wave before it puts in wave (1) on a higher degree. this entire count has been really complex to decipher, but this fits the narrative nicely if it is indeed what is going on. longing btc today between 44.4~44.2k results in a very high probability...
As i had originally anticipated, btc consolidated into a textbook bear flag, and ended up tricking everyone into thinking it was going to just continue moving up. classical move from market maker. bet a lot of people bought that dip, and now they're going to get shaken out before the rip. always anticipate a big shake out before a big move. this idea here is in...