HollowH34RT

HollowH34RT

There's enough liquidity in SHIB to determine that elliott wave analysis does hold strongly. I've marked out the high quality order blocks on the 1hr that follow 3 strict rules. 1) Must form market inefficiency. 2) Must break structure/form Change of character 3) Order blocks must be un-mitigated. Using Elliott wave theory we can see a familiar Double ZigZag...

HollowH34RT

We are just waiting on confirmation of a break and close over the previous LH ($25,200) to confirm a sign of strength/Quasimodo. This will also further validate the near term protected bottom of 15.5k and present a once a year opportunity to buy the bottom/open short term longs at the retest of $17,600. Keep in mind, this short term bull run is only a 3-3-3...

HollowH34RT

Btc's first generational ABC correction on monthly chart after concluding 10 year impulse wave.

HollowH34RT

Long term zigzag is about to be confirmed within the next month. We need a higher low, followed by a break of the local high to confirm this thesis.

HollowH34RT

This expanded flat wave B has finally concluded. The second low of the W confirmed this with the sign of weakness. Now is the time to start opening shorts to hold for the next 3 to 5 years as we retrace back to low $1k's.

HollowH34RT

Don't fall for the dead cat bounce. Possible 6 month rally ahead of us, up to 32k before the final impulse down of this zigzag correction.

HollowH34RT

Source: h t t p s ://www. dailyfx. com/forex/education/trading_tips/daily_trading_lesson/2018/12/26/depth-of-elliott-wave-correction .html/amp Per the source, BTC's 10 year impulse has come to an end and confirmed so by the break of the trend line which is connected by the end of wave 2 and 4. Wave a is an impulse wave which means 69k is locked in for the next...

HollowH34RT

TSLA 1D chart Power of 3 set-up Accumulation: ✅️ Manipulation: ✅️ Distribution: Happening now. Wait for short entries above $238. Target $150. With $238 being the highest level of liquidity, the fair value gaps above are great short entries.

HollowH34RT

Since our short term bottoming, I've let the consolidation play out for the week. After counting swings, I've immediately recognized an expanded flat correction. I won't go deep into detail of labeling every wave and explaining targets. Experienced E.W. traders will see this and understand it.