I think we might have another red day then a pivot after the rest of the 5 wave structure is done forming. RSI getting weaker..
so for a day or might plan to short until heavy buy volume and crossover on MacD then go long ..
Happy Wave Riding
surfs up !
i think it can reach a new low around high to mid 5 thousands
based off the micro fractal elliot waves within the current macro wave
.. whattddya think ..
shorting time after it completes the 3-4 wave towards the .65 .618 golden zone ? I might ...
The red pyramids on the chart have been duplicated 3 times already since the decline in early 2018 . This pattern has almost completed its fourth duplicate. Here are my projections for the completion of the fourth pyramid based off Fibonacci Trend Extension and Elliot Waves Counts on the other 3 "pyramids"
I found a pattern that has occurred since our decline in early 2018 . I used elliot wave and fibonacci trend extension to see the previously made 3 patterns' history. Our fourth pattern is about 2/3 done. What do you think ? I am a total beginner so dont take my advice I am in no way a professional , in fact I'm wearing a foil hat right now.