I have actually been long for a while on CTRM. I added a bit on the dip lower as well. I'm convinced we are bottoming out, the pattern is pretty clear on low and high timeframes.
Share your thoughts in the comments, lets see if we can get a nice discussion going. I'll make some wave updates once we get more movement up or down.
As soon as the bounce happens, I'll be keeping an eye on that resistance. Once that breaks, its off to the races for Wave 3...
A bounce can happen anywhere on the way down, but I have my sights on a particular fib level. Can you guess which one?
$DOT - Beast waking up ...
Another coin slowly closing in on its ATH, with momentum and volume. Hard to say this is a Wave B (dead cat bounce).
The wave count is pretty clear here. If you're already holding, you're pretty safe. Keeping the next entry zone and subwaves for premium.
Even zooming in, its hard for us to pinpoint the subwaves of this wave 3. Wave...
$WIN - WINK bounce zone for wave 5 start.
WINK Army, can you make this happen? I haven't charted this coin in a while, but I haven't forgot about your guys. I'd be looking to long around $0.0005200 with a take profit level around $0.00115. This is a pretty risky play because there is a case for WIN to go lower (If this is an ABC ZigZag correction upwards, it...
Already in price discovery for the past few days, I don't see this ending right away. The top of my wave 3 is set to $1.89, but I see this going much higher; we could see close to $4 depending on timing vs $BTC
There is the ODD (very odd) chance that we're in the B wave of an expanded flat, but the volume is suspect for this formation. I'm expecting a surge of...
$ALICE - This wave seems to be complete.
5 waves up. Clear wave 3. Divergences across the board. It doesn't get any easier than this folks.
Unless an important influx of volume/strength comes to the rescue, Alice's direction is down. Look at the fib ranges and horizontal S/R for confluence to pinpoint a bounce. I won't do all the work for you :) (Yes, I know...
$VET - Looks primed for Wave 3. Where fortunes are made.
It just broke the previous wave 1 high so spot long would be of relative safety with a SL below the peak of wave 1. Provided BTC doesn't absolutely tank short term, this should play out beautifully within 10 days - 2 weeks.
Both Scenarios here are pretty interesting. At this point in time I'm not sure which one has a better chance of being in play. A lot depends on the wave structure that Bitcoin is printing out in its own chart. Is wave (B) done? Or are we in subwave B of (B) ?
I've said it once, and I'll say it again: this is one of the most important charts you'll need if you're...
$DOGE - Don't get caught in this flat Doge Army. I will have no pity...
I've tried to count these waves differently a few times, but its difficult to disregard the zigzag in wave A, which is the precursor of a flat. There is an off chance A was the bottom of 4 (would be the whole ABC), but I don't believe it. The rug needs another pull before Valhalla boys....
Our wave B Target (.666 fib range) didn't happen, but close enough, it did bounce perfectly at the .618 which is still in the golden pocket. We are currently making our first wave down from Wave B's high.
I do expect us to hit $1500 ETH at some point, around the same time #Bitcoin bottoms out.
Trade Safe @everyone !
A relief bounce is in the plans for today, but mid term there is a lot more down side. Welcome to Wave B of Wave B everyone!
According to the the $BTC.D chart as well, most alts will suffer in the wake of this correction, but should bounce back harder when the corn finally does.
Trade safe everyone.
Buy the bottom of Wave 4. This shite coin is making beautiful Elliott waves. Who says they don't work in Crypto? :slight_smile: I've heard it before! You can also see that the previous Odin Zone was a golden opportunity on a few occasions. Play this one with low leverage and you can't really lose.
This is midway between a scalp and swing. Trade safe.
After 24 hours of FUD and intense bearish sentiment, we find bitcoin in a range between 29.3k and 30k. Which ever breaks first will tell us which way Bitcoin will go for the week IMO.
Bullish take is all the divergences make a bounce likely.
Bearish take is that the trend is unfortunately down at the moment.
Will we see a bounce? or continuation? Lets see...
Of course it will bounce. My Odin Zones have a high strike rate. I combine the powers of Elliott Wave, Fibonacci and a few other tools to nail these high bounce zones for you.
Let's see how this one plays out!
After a very very decent and strong correction (following the reverse split), I think CTRM is finally ready for a sizeable bounce. I'll update later with profit taking targets, but at this point I'm expecting a 30% bounce very soon.
Wave structure seems to be complete on the ABC (and 12345 of C). Fib levels and previous supports are acting as confluence.
Lots of confluence around that .618 fib level for ADA. Lets see if it will make it down there while Bitcoin continues to range and is looking like its losing its battle to hold some key levels at 35k.
I'd be willing to open a nice long around the Odin Zone for mid-term holding. With targets around ATH at least.