Peyote_Manning

Peyote_Manning

Possible count with a repeating pattern of truncated 5 waves. 8 ball says future is uncertain. Lots of consolidation means many levels of support and resistance will be faced.

Peyote_Manning

Previous price action and volume coincide with fib levels and a reasonable tale to be told through the ol Elliott Waves that everyone on the Tweeter loves so darn much. Mwah!

Peyote_Manning

Green arrows very subtlety pointing out two double top corrections that could very well serve as the wave 2 of the larger wave and the wave 2 of the wave 3 of that larger wave. Green line is a 2% retracement which would mirror the 2% retracement of the larger wave. Markets work in fractals. All of these indicators and different methods and approaches are just...

Peyote_Manning

Green box is likely target zone for retracement with fib levels and previous price action making it seem like a likely landing point to pivot before moving up into the 5 wave. Going in on closer time frames there is certainly an argument to be made that we're in the 4 wave of the larger 3 wave. Lots of bullish signals for BTC right now. So it'll probably...

Peyote_Manning

Here's a possible count. The A of the larger ABC correction which is the 2 of the big cycle has a truncated 5. We're just starting the B of the 2 which could take us up towards 10k-11k which would be the 4 of the previous wave, then down for c (possibly truncated as well?) to finally finish the 2 correction, setting us up for a primary impulsive 3 wave to finish...

Peyote_Manning

50 Cent's future self traveled back through the threads of space and time and introduced his singularity existence protocol as 1 Satoshi. He than transferred this information into my driver via a blunt full of future weed. I don't know what it means.

Peyote_Manning

BTC Waiting. Watching. Thinking about swimming pools.

Peyote_Manning

Dipping down to the support line. It's going to break one way or another. The longer we spend testing the support line instead of testing the resistance of the wedge, the more I'm personally inclined to believe we break bearish, but time will tell.

Peyote_Manning

Zooming out to the 4 hour we're seeing the next heavy traffic area in purple and the possible 3 wave of our bigger cycle in blue. In green is the last impulsive cycle imposed over where we are now to show how quickly things could go parabolic. My proposed wave in red may be far too conservative in both time and price movement estimations. Markets mirror...

Peyote_Manning

Something different. No indicators. Just looking at price action on different time frames and looking for areas of previous activity. There's a lot going on here at first glance but it's not that crazy when you dive in. I started by looking at the most recent price movement. Here is the 1 hour chart for eth starting in April. We get a 5 wave structure up with the...

Peyote_Manning

REQ is looking for a floor. But it's like a dream with no bottom in sight. It just keeps falling and falling and falling. Once it does hit a pivot it could very well be a meaningful bounce imho. It might be a while but it will bounce. Eventually. Maybe after it dips some more. Sorry bagholders. (I will be with you to enjoy the inevitable bounce up if that's any...

Peyote_Manning

Consolidation period coming to an end soon. Predicting which way it breaks is another discussion. A tale for children tucked into their beds with brushed teeth and cookie crumbs in their sheets. We dream of higher highs and higher lows on parabolic moves upwards. Amen.

Peyote_Manning

We could also be going up into the B of an ABC correction.

Peyote_Manning

Looking like a pretty technical chart. Big volatile movements. Who knows where it's gonna go. It could be this. Regardless lots of people are interested as volume is high. Interesting coin and interesting project.

Peyote_Manning

Looking at weeklies cause sometimes you have to step back. When you're too caught up in the day to day you can get lost in the shuffle. Forrests and trees and truffles. That green line has become some pretty uber like super hulk big time number one important strong support area thus far looking at REQ/USD on Binance. Consolidating just like everybody else. ...

Peyote_Manning

ICX weekly chart. Big wedge in blue. Consolidating pattern coming to a critical moment with time ticking down. The smaller time frame charts have broken the wedge bearish but the weekly still stands alone. If big bear BTC pops up and gets running then this is one thing. And it's another if it doesn't. Guess which is which.

Peyote_Manning Updated 

Green target box as I watch RSI dipping towards 30. Oversold bounce possibility coming out of the head and shoulders formation. Resistance in yellow with shoulder trends in red. Former resistance become exit targets if price dips into green buy zone. Just an opinion about a possibility. Not financial advice. If you're blindly following the advice of random...

Peyote_Manning

ETH Four hour chart. Looking like a possible inverse head and shoulders forming. Trying to break the shoulder line currently. Bouncing off that RSI dip. Looking for continuation of uptrend using the previous resistance levels from the non inverse head and shoulders(that's a regular head and shoulder) that played out as targets. Heads shoulder knees and...