Stoch RSI getting very overbought. But the diagonal is missing the 5th. I think we have a push above 14,000-14,300 in some mini parabolic pump move then roll over into either Wave b or wave 2
i got matic about bottomed and finished with the HTF B wave. Now loading C wave back to $5 plus
full send now, $1.40 incoming. Wave 4 completed here. Send into 5th now please.
I have kava bottomed in an expanding diagonal wave 2 back in Oct 2022. Now we slow gind into W3 around $30
Looks almost done working out sub wave 4 here. I been looking for $1,650-$1,700 TBH but bottom could already be in at the 382% of the 3
Thinking ETH will keep grinding higher while BTC corrects. If you watch ETH longs on Bitfinex you can clearly see that longs are at very low levels. While watching BTC longs on Bitfinex we can see that the trend is parabolic and bitcoin longs are just full ape mode. Would make sense as well since many alts are lagging the huge BTC move off the $15K lows. Unless...
Not the cleanest looking chart but it's been getting the job done. March is now likely a bullish ABC back down to $19k-$20K to make the S/R flip. I think hitting the 618% around $18,500 would make me very bullish about a very possible W2 being completed after the 5 up from $15K is now complete. GL everyone ;)
Looks to be inside of a triangle correction, range bound getting tighter. Once this breaks (up or down IDK) the move will be violent IMO.
Copper looking to start the 5th wave of the C wave of the super cycle degree here IMO. Should hit around $7.50
INJ do this and you better be ready with a huge dump truck to back up to the loading dockIMO.
Bias is now flipped to blow off top. $124,000 potential top in summer 2023. You know you love to see it.
looking for 3,830 to catch the move down, appears to be 2 leading diagonals in place as Wave A & C should at least test the 50% of the zig zag starting point wave A which is where the 5th wave diagonal should end.
Monthly MATIC chart shows MATIC breaking the 8 month marco down trend line since 2021 highs. Should be on our way to wave 5 now, ending around $9.50
looks like it can catch up quick here, most altcions popping off and already breaking above the marco down trend line. Also very bloody wrecked.
The breakdown of the diagonal is likely a HTF Primary W1 into W2 because it's on the monthly. Typically a leading diagonal is a bearish precursor to a reversal. Also leading diagonals most likely form a wave 1 into w2 set ups. The 786% might be too optimistic, as the wave 1 was 5 up which means sub wave A which equals the 5 up diagonal which equals the HTF w1...
BABA appears to be in an expanding diagonal on the HTF. Would expect the 5th to start after 1 more dip to bring the bears back only to slaughter them later.