MtGoxFX

MtGoxFX

currently we are marching towards an inverse scallop of 6400. after that, i believe we will see a correction back to the baseline, or lower.

MtGoxFX

straight fwd..DT tgt back to 102.7 then continue to 99 to find the major TL

MtGoxFX

Here's one hypothesis on when the next crash / pullback may happen, based on recent patterns.

MtGoxFX

ETH has printed a hammer pattern on the W1! Lets go!

MtGoxFX

Currently in C-D on consolidation pattern and holding the 618. Looking for a b/o sometime late September, based on 618-786 of the consolidation pattern. -Massive CNH has a tgt of over 100k. -Consolidation flag has a tgt of 92k -TL from previous HH's has confluence with the CNH tgt. A "fakeout" wick back to 59k is plausible to pick up liquidity.

MtGoxFX

There is an HVN and a W1 gap around 48k. The W1 CNH tgt is 41,260. Both are valid levels for retest.

MtGoxFX

Ok so first, we all know the markets wont follow this "schedule"...but here's my theory on a potential timeline based on an ABCDE count that may play out as a triangle or a falling wedge. Trade smart & buckle up for the ride!

MtGoxFX

is 60,800 holds then we should see 90k in the coming weeks. Invalidation is failure to hold 60,800 with backtest on the daily.

MtGoxFX

This is all hypothetical, but just wanted to point out the rejection at 347B with support above the 050 at 213B with rounded bottom from 4/22 make one massive CNH. Follow that with a wider view and the peak at 480B in 11/2021 followed by a second peak yet to be printed would make a second possible CNH...if they print. Leaving this as a neutral idea since the...

MtGoxFX

im thinking a lil more to touch that orange TL one more time then we should drop on USDT and get another push up on the markets

MtGoxFX

Obviously an incomplete pattern, but if the plays out here are the levels I will be watching. 1. Fib 1.127 is a historically consistent top for BTC on several TF's. Ending here would have strong confluence and make a bearish harmonic as well as a rising wedge. 2. Once the harm retraces to the 050 target, I would expect to see drop below the R. wedge LTL,...

MtGoxFX

TA looks to be pointing at 92,635 as the next target. Caution! Keep an eye on 74,365 as we pass through it...the LTF consolidation may not be complete in the 63k - 74k range. There is a chance we may bounce in this range a little more. If we fail to make / hold 92k-ish, then look for a strong drop imo. At some point we will probably drop back and retest...

MtGoxFX

BTC seems to have re-checked the ATH and looks like it may be heading toward a tgt of 75,700+ next. From a time-cycle standpoint, we are due for a move.

MtGoxFX

more printing of the same idea = more confluence. looking for a breakout of the upper TL soon. possible dip 2 rip that takes PA below 1.06

MtGoxFX

Looks like BONK may be about ready to walk out of this consolidation

MtGoxFX

consolidation appears almost complete on this flag to $1.91

MtGoxFX

I see a RABW on the H1 for this. I expect the 050 to hold.

MtGoxFX

USDT seems to support the bull trap theory. we'll see how it all plays.