Phenomenal long opportunity on BTC with a RR of 30.
Can't miss this long, even if it fails, the downside for invalidation is minimal.
TP's at key levels.
ps. THIS WILL STILL HAVE A NEW LOW AFTER TARGET IS REACHED!
UNISWAP is one of my favorite alt bull counts.
If we zoom out this could have been the major 2 proceeding into a massive 3 to new all time highs.
The first wave 1 (blue count) has ended in a beautiful golden zone retracement finishing the WXZ.
And thus, the possibility of the first 1-2 into the new bull cycle begins.
A fantastic tell about this setup would be...
This count presumes that the entire move to 69k was a B wave. Which would explain why there was such an unclear wave 1 in the previously named wave 5.
We should expect a counter-trend move heading to the 0.382 of wave 3 which would overthrow the A wave slightly.
BE AWARE OF THIS TRAP! After that we should proceed lower with very strong momentum to finish the...
BTC legacy high's at 12.5k are aligning with 2.618 Elliott wave analysis targets and the fractals.
We would most likely see some kind of small move up with a triangle pattern forming around 20500 before breaking down.
1. Draw a bull trendline on the main trend.
2. Draw a bear trendline on the main trend.
3. Map them with 2 fib channels for bear/bull in the direction of the price.
4. Play with the angle, play with the position where you place the fib channels till you see it fit like a glove between major breakouts of price on the fractals OR support/resistance.
This will allow...
BTC analysis, follow up from my previous posts about BTC (check links below).
I'm expecting a bounce near the 34k level where this corrective ABC started before going down for wave 5. However a news driven event can rapidly accelerate this.
Bears in full control, 22k is the EW target for wave 5.
APE is most likely going 200+, it sounds stupid i know. I'll show you in a later post why.
But for now here's a short setup coming.
Ps. don't have to short there, ill just be monitoring the breakout and shorting the first rejection near those levels on the 15.
DXY forming a massive inverted H&S pattern and clearly bottoming tryng to break back into resistance (the red line = 10 year long support flipped resistance).
This will completely destroy all markets. Be very careful in crypto, metals.
Lets hope this does not happen, but BE SURE TO KEEP AN EYE ON THIS. This is massive.
FTM ending a wave 5 cycle with a clear H&S pattern which targets a break of the long term log ascending diagonal.
This is the daily so we can have some up movement on shorter timeframes to RS top levels but this looks very bearish.
Check out my upcoming FTMUSD analysis for more info.
Silver's macro H&S pattern just formed and triggered entry. This is inline with my analysis of DXY (see link below) and other markets.
If this analysis plays out, we got a scary time a head of us in the anti-fiat markets. Beware folks