I can see multiple scenarios here on silver - One being this is a huge bull trap and we're correcting down to $5-7 off our $30~ high (Possible B Wave Top) - Or the more likely one is that the bottom is in and we're going to keep climbing higher for some time (with obv Bullish corrections) - Bottom of our blue fork busts it's probably likely that this uptrend is...
Macro tailwinds on all 3 of these and at the bottom of the adoption curve - None of these make any profit yet so we're playing it risky here obv but this is how big gains are made - Fortune favours the Bold...SEND IT.
ML bust then failure to reach the Lower Parallel - Next Pivot low created a ''space'' from ML after passing it on lower momentum - Probably cementing the bottom is in.
Looks crazy now but w/e...Let's see if our corrective low can hold us and we can climb higher.
This might fail fast but w/e - structure looks like it could be shaping up for something like this to unfold...send it.
Expecting decent things in the future on this, Has a great team and macro tailwinds up the wazoo.
Clearly a Bull wave forecast here...Nobody expecting anything to make new highs for ages - never rule out the possibility of insane melt ups - My idea in the comments is where I called a potential bottom (see below).
Digital Twins will play a very big role in the future - As usual I'm early and ahead of the curve on this future hype cycle.
The users in chat are sometimes the best indicator for making contrarian decisions, At times when certainty and fear is at it's highest the crowd is usually terribly wrong and that presents a great opportunity for those able to detach themselves from the herd. (All Chat logs were taken at the exact day the market made it's major low (potential bottom) on October...
Think we might be in for a correction here...forks should show us the path.
Like many other charts they're looking like a big wave 1-2, If you know what happens next under wave theory you should be very excited as a bull for the potential of parabola.
Not really much to say here but it's confirmed Bullish and going higher.
Clear 5 waves up and correction possibly completed...bottom could be in here, lets see if our fork holds us.
5 waves up and in the process of correcting this whole move - expecting lower prices to come.
So I'm seeing multiple EW counts for BTC going forward this idea is one of them, I'm of the belief that we're completing a wave 3 soon here and expect it to go around 24-25k~ then retrace to our zone(also a chance it's topped), However there is a chance that we are in our 5th wave and this move from our bottom is close to an end(for this leg) if this does end up...
Can see a case here that we have potentially made a bottom and completed the ABC correction.
Short term pull backs will be bought up here quite fast I assume, Break and re-test of fork where circled this is textbook Andrews.
Reaction lines and fib extension for the potential wave 3 if it eventuates.