NastyBeer

NastyBeer Pro

Today lets take a quick look at the futures (which never got as low as spot) We can see 1) Double bottom on 1.886 2) Locally (red count) wave 5 hit 4.236 and wave 3 2.618 3) Intermediate (yellow) looks like truncated 5th Conclusion: A) As long as no new low is set, chances are high to break the downtrend and get at least a relief rally B) A new low will...

NastyBeer Pro

What appears to be a 3 wave pattern off the low ($18.174) actually matches a perfect 5 wave structure following the fib rules. 1) Got wave 3 on 4.236 and wave 5 on 8.236 2) From the top we got a flat 2 (quick and deep 3-wave pattern) down to right above 0.886 Conclusion: 18426 @ 0.886 must hold and BTC may get going from here (or has already started to...

NastyBeer Pro

Its all gonna be about the follow through in rekt ober or pump tober But chances are ideal to surpass almost 1 YEAR of downtrend! Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro Updated 

1) Came done in 3 waves from the top, holding local 1.272 2) While holding major 1.00 target remains 8.236 Nice R:R ~5.6 Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro

Clear 3-3-5 hitting 8.236 on wave 5 perfectly after triggering it with wave 3 on 4.236 Whats next? A) Pump and retest top of the downtrend and fail B) Breakout of downtrend and rally Invalidation: A break of the bottom of the channel --- Little note on the PA since the top: Although everybody is doom and gloom right now, take a look at that price action....

NastyBeer Pro

Careful, liquidity incoming for alts? Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro

Why you no just sink the ship? Oh, divergences, I see! Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro

Awesome push above resistances! (As anticipated here ) Now correcting down inside a (bull) flag below the next overhead resistance. Ideal area to confirm the breakouts of downtrend and horizontal resistance would be a retest of 0.367-0.388 Hold my beer pls ---- No financial advice, do your own...

NastyBeer Pro

1) Approaching apex of the triangle, roughly less than 25% to go: Any time from here 2) Holding 0.786 locally in the (bull) flag While holding the recent low, a push above the resistance could happen pretty fast in a push or two Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro

... for a rebound while holding 1.886 @ $66.985 Ideal targets to the upside somewhere around the trendline up to 0.886 local but might as well turn at 1.272 intermediate Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro

Careful here with shorts. 1) Complete 3-3-5 correction 2) wave 5 gets one for free from wave 3 3) intermediate 1.13 might fail causing this a failed wave If 1.13 gets triggered expect lower 1.272 / 1.618 Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro Updated 

Lets take a look at LOG SCALE We can see the same rules are being applied in log scale (!) In the impulse we got wave 3 on 4.236 => wave 5 on 8.236: Perfect hits In the final wave of the correction we got wave 3 on 2.618 => wave 5 on 4.236 Conclusion: a) We are ultimately close to the bottom which is already in ($50 mark) OR (if last low breaks) b) Visit...

NastyBeer Pro

PA getting sandwich'd hard. Only matter of time until it explodes. Might either directly go from here or after some sideways action for accumulation (similar to ALGO, see here ) Target Shorterm Local 0.618 @ 0.475 (6x) Midterm Major 1.272 @ 0.926 (13x) Hold my beer pls ---- No...

NastyBeer Pro

1) PA getting sandwich'd hard. Only matter of time until it explodes. 2) Finalizing a big impulsive 5-3-5-3-5 pattern since its price exploration Targets: Shorterm Local 0.618 @ 0.256 (9x) Midterm: Major 0.618 @ $3.23 (100X) Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro

... coiling up hard holding the double bottom. Once the local orange downtrend has been surpassed, the bottom of the triangle will be next and thereafter the top of the triangle for the ultimate test to break the downtrend Break 1.0 fib would be bad -.- Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro

Holding 0.886 like a champ! Any impulse from here can escape the long long downtrend with some 3-5x green candle(s) Nearly insane R:R placing SL below 0.886 Hold my beer pls ---- No financial advice, do your own research, don't be stupid

NastyBeer Pro

BTC.d is in a downtrend but pausing furthing continuation in a bear flag. Most likely a test of the upper downtrend line will be next And then? A) Break the bear flag to the downside, expect immediate drop to channel bottom around 37% or even a break down of the downtrend causing acceleration. Pushing massive liquidity to altcoins, could cause an altseason for...

NastyBeer Pro

We got the break of the neckline (although without any backtest yet) as explained here as well as almost our targeted 50% move 1) Direct target for the H&S is around $0.50 2) Depending on how this wave unfolds 2.618, 4.236 or 8.236 are in close distance Since it's XRP and given the stadium of the...