LARC

LARC

Bored here so decided I'd mess with my btc chart. Wave 1 has been completed for a while now. I believe we are currently in a wave 2 correction, but I'm not sure if it's a complex ABCDE Correction or an ABC. I'd guess an ABC correction and the C wave hasn't begun yet. Noteworthy here is that the 3 and 5 waves within the 1 wave pierced the 20 RSI heavily. That tells...

LARC

Was doing a fib retracement of the wave three and hoping to find a confluence of resistance on this correction. Coulnd't find a confluence but we are in an a rising wedge with .618 and .786 within striking distance. Once we tag either of those, I expect the downtrend will continue. Feel free to leave any comments or feedback. Thanks.

LARC

I'm new at this wave count thing but I'm going out on a limb just for practice. It looks like were in wave three and it could possibly extend down to low 19,000' or the 2.618 extension of wave 1. With that 3 in mind, I have projected wave 5 with roots in the 3, 4 and 5 extending down to the .618, 1 or 1.618 or somewhere below 18k. Thanks for reading and feel...

LARC Updated 

Looking at the histogram and the RSI piercing 80 signifies wave 3. Wave 4 and 5 follow with wave 1 in an uptrend. Looking for target of around 4900

LARC

BTC TARGET

LARC

Descending Wedge into the weekly 200ma w/daily bullish Divergence and lots of support at 3000. We'll see!

LARC

Been charting this for the last 24 hours. I do not have much experience w/ EW so just curious how it plays out and if my chart has any validity. Feel free to comment if you see anything that strikes your attention.

LARC

Price is currently sitting at 1.618 from recent daily low to high. RSI is low. Monday we are moving into 3.0 FIb time. Would expect to see a bounce here..Not sure to exactly where but I guess at minimum 4800. Then we move back down into the red area which is my fib projection from recent daily high-low-high. It showing a confluence of support at the 1.618 and...

LARC Updated 

For historical use.

LARC

Support here for btc bounce to 4800 then back down.

LARC

Testing this VPVR for use of support.

LARC

For historical purposes

LARC

Bollingers tightening. In between support and resistance. Would like to see a V bottom w/ a new lower low and hopefully bounce from there.

LARC

....

LARC

Looks like it's stuck between support and resistance and bb's are tightening. Posting this as informational and to look back on to see how it behaved.

LARC

Zoomed in a bit from previous charts .Getting to be make or break time. We'll see if whales push it down before September. Not investing advice. Used for historical information.

LARC

btc scenario 2

LARC

For my own use. PATIENCE