cryptowaveman

02:45

cryptowaveman

Bitcoin and SPY in a 3 waves down move. We will see if it can get a reversal here but expecting more to come to get us 5 waves into 21500-25k area for bitcoin. Not sure on my micro count. could be a sub wave 3 of 3 at this point. Refer to previous video for macro outlooks and haven't changed opinion. Not financial advice.

03:08

cryptowaveman

Macro levels discussed: bearish scenario 1: wave 3 bottom at 15k, 4th wave 30k (where we are now) and looking for 10-13k for 5th wave/ A. -> wave B corrective move up and the C move below 10k bearish scenario 2 and most likely imo at this time: 5th wave/A was the 15k B wave was the 30k (where we are now), and C wave down to 7-10k Bullish scenario in the 3rd...

02:42

cryptowaveman

Ethereum - slightly different count then bitcoin but still the same outlook Bullish - need reverse soon over 1300 and see it test back around 1800 to be setting up to a push to 3200 area bearish - get down 1250 and lower with an abc correction up setting up to move down ~500 for a 5th wave not financial advice

02:16

cryptowaveman

Bitcoin overall macro I'm leaning bearish at this point, but we are in 5 waves up and have a potential for a bullish run. Bullish - This is a crucial price area for a potential reversal 20-18.5k. Looking for 5 subwaves up and testing back to the ~24k area Bearish - Getting down to 17-18k with an abc up would point towards the 10-11k 5th wave bottom. not...

01:42

cryptowaveman

Haven't moved down as quickly as I was expecting with my assumption that we are in a 3rd wave. leaves the possibility of a larger degree move down in play slightly higher, but right now still expecting 10-13k not financial advice

01:24

cryptowaveman

1. bitcoin in 3rd wave right now and continuation lower to next targets (3rd wave - 13k, 5th wave ~10-11k) 2. bitcoin in a sub wave 1 and will get back into the 18.8k-20.5k area and then continue downward. (more bearish targets) 3. we get back above 21k and possibly setup for something higher not financial advice

01:40

cryptowaveman

couldn't get into my 5th wave area and decent move down. could be setting up for more chop but looks like another possible time we are setting up for the next move down. watching for 18.5k some alt coins showing more strength and a bullish count looks more likely, but I'm still basing crypto market off of bitcoin at this time and it doesn't have a bullish...

01:29

cryptowaveman

Three wave off a low at this point. will see if it can hold the ~19750 area to get 5 waves here and possibly set up for more. Otherwise under 18.5 looking for continuation down. Not financial advice

00:49

cryptowaveman

Not much different since last video. breakdown under 18.5k not financial advice

01:11

cryptowaveman

Structure building to break under the 18.5k level similar targets as last video but more ~10k area. bearish setup in the micro under 20k not financial advice

01:42

cryptowaveman

Not much different than last video except the overall target is a slightly deeper to ~10-12k If it gets below 18.5k again think it continues down from there. more bullish over 21.5k short term not financial advice

01:52

cryptowaveman

Not much price action recently. Hovering over 19.5k that looks like an important level and under it is the first signal of a continuation down. C move up to 21-22k area possible here as well. more bullish if gets above 23k not financial advice

01:12

cryptowaveman

Another possible setup for the continuation down. Expecting to test ~20k area and have some kind of bounce up. Will set targets downwards if it develops further in that direction. Past two months have been oscillated in this area so we will see if we get a final conclusion to this soon. not financial advice

00:57

cryptowaveman

Not much has changed but the structure and price are at an important level at this point. looking bullish if we can get over the upper trendline and more likely setting up for larger move down if we get ~19.5 area not financial advice

01:30

cryptowaveman

bulls still in control at this point. expecting decent move up over 24.5 If we get down to 19.5-20k area I'll be looking for a corrective move up to short. not financial advice

01:41

cryptowaveman

Looks more short near term but still in holding in this triangle and above 21,500 support. If we get down to 19,500 area, once against possibly setting up for the next lower move. not financial advice

01:34

cryptowaveman

Still bearish in the macro at this point. need 28k to be more bullish Last video was wrong on a lot of things and biggest was assuming not having a good bounce up after 5 waves down which turned into another high. Also assumed that MATIC wasn't going to get a larger ABC and it had one of the best moves up Expecting more of a final move down around ~13k at this...

02:34

cryptowaveman

had a bump up from previous low that was unexpected but at this point it still looks to be pointing to the downside around 14k. not enough structure yet to get a better target from the micro. Overall market reaching towards the top of a zone and could be a turning point downwards that bitcoin will follow if it does. Matic could be a good short here not financial advice