I read that W. Gann was paying a lot of attention to 49 days cycle as a correction phase.
Very excited to discover that it fits perfectly when applied from 17th December as All Time High
till the bottom of the downward slope. The following phase holds to 49 days very tightly too.
No trading advice, I publish this idea just to follow the workings of this cycle...
another coin bottoming and still lacking the volume.
assuming that anyone not ready to hodl has sold
already, a sideways kind of move could be happening
as we are leaving the wedge.
so many coins bottoming - we need more money people :)
just like many other cryptos, ada is zeroing the wedge.
being such a promising coin, with many eyes on it - we could
expect some volume trying to sneak in quietly, as she sleeps.
as a possible long term hold, this could be a good accumulating
point anyway...
could s i lv e r outshine the g o l d in the coming months?
ltc :: fast + neat, with great fundamentals in the pipeline
btc :: inherent g r a v i t y of a slow giant
redrawing a shadow of the previous pattern. low volume,
but certain upward moves might take place anyway, as
most of the sellers are out of this coin already...
little omise is drawing mountains as she plans her late winter vacation.
she loves being there. the air is fresh and healthy, the view is great and
there's a lot of light. closer to the sun, closer to the moon - definitely
a place to be.
all for nothing though, if daddy decides to take all the family down
to the beach. ever since he broke the leg on that...
progress continues and a zoomed-out view is needed to host the latest developments.
except for a little btc pull, that caused a short-term dip - just as we entered the
second wave - i am happy to see the candles follow the projection. once again, i am
a beginner, so please doubt everything about the material i post. and please add
your thoughts, if you think they...
don't trust this chart - i am an absolute beginner.
i got absorbed after i saw a few fascinating traders talk.
reading about mr. elliott made me want to try it myself.
my first ever chart... i also got a few everex to keep it
exciting.
