klee10

klee10

Risk: Low (clear fib confluence, EW count, and Dollar Cost Average strategy) Allocation: Standard Swing-Trade Allocation (portioned for DCA) ==================== The Rational Play: DCA at fib confluence levels indicated If we turn around at the green .382, SL below .5 If we retrace deeper, set SL's below green .618 level Limit Sells at blue fib levels...

klee10

Bitcoin might find support at the double-confluent 78.6% retracements at just above 7200. Watch for a bounce off of the bottom of the falling wedge!

klee10

Possible BITCOIN fractal found! If we do not hold at the falling wedge support, look for this recurring pattern in the bitcoin chart! The fractal predicts a small bounce at bottom of wedge, followed by a QUICK BREACH of the bottom, before ROCKETING back up and out! Check out the price action similarities, and mirrored fibs!

klee10

Hello traders! Behold the last remaining long term bullish elliott wave count! It is possible by EW rules to have a bounce off of the bottom of the turqouise bear flag, and begin a VERY bullish Wave Three inside another Wave Three !! This will be suspicious if we break through the bottom of the bear flag, but it will be altogether INVALIDATED if we drop...

klee10

Where will we end this fall? I have a good guess! To recap my last call - The ABC flat within a bear flag: It was spot on! What's next? The Golden Pocket fib zone lines up with the 1:1 extension of the bear flag pole we just saw. 8200-8000 is very likely! The Golden Pocket lies between the .618 and .65 fib retrace. Here we fibbed from the 6k low to the double...

klee10

Five waves down, plus ABC within bear flag, means another five wave impulse down is likely.

klee10

Stoch RSI has reset high and we're respecting a previous support-turned-resistance.