dont feel like typing all the possibilities im thinkin...so id say unclear...POI is the median line of the larger channel, and the daily s/r with the 5th projection, green box
clarity needed, some sus activity but somethings adding up, the current retrace should add some clarity circle is wth, but nice impulse after c or 3 mo...bigger picture, maybe abc done and down, maybe 1 more kick to finish a 5 then down to new low.....maybe 12,12....shrug
ETH daily log, possible bear the tringle b is not my fav, but would clear up the PA after. the end of the day im thinking abc and not impulse, break of 200 would constitute re count. gotta drop soon and hard to give this count any credence. chop ath means big move a coming
says it up there, multiple counts, as i get more information counts may change depending on tf
So much sideways. youtu.be Some many sideways counts it could be, or the correction is over and moon bound... either way, btc needs to get up to the .9 retracement, per EWI, of the A/W wave pretty quick here to keep the sideways counts on the table, my opinion. Got a slight rise in vol.
In a multi ZigZag WXY sharp Combo, W and Y must be simple ABC ZigZags. If you think we are in a 4 of a larger degree, this is going deep for a 4. But this chart has a much better "right look" to it. A lot of this count depends on the next pivot , if we turn soon to head down this is a pos path. Usually, W:X = .382 to .50, W:Y = 1:1, A:C = 1:1. and some other...
this count is getting less likely, like i dont like it, the Y (a) wave is just as big in price as the whole X wave and now this "B" is making this Y seem to be not of the same degree of the X... bottom of list.
this is looking less and less likely, barring the count leniency allotted, lots of big words, ZZ are supposed to be sharp in price...we particly Paul Wall at this point... keeping this potential on the list, but its near the bottom of said list, MO.
Another possibility is a Leading diag A of ZigZag, maybe unlikely but just in case, going off of right look, triple ZZ are rare AF, measures and channels dece, that said 3 may could be other ZZ fam, inval at 7k, 5 cant be > than 3. Or its not a LD
Pos wxy sharp 2x ZZ. The X is deeper than the usual and the Y (a) wave is as big as the whole W wave when the X:Y 1:1 is most common. The most common projection for a C of a ZZ is 1:1 A:C, then 1.272, 1.618. eyes on 7k-6.5k if not deeper
pos counts IF flat. maybe unlikely but just in case - didnt make .9, +right look, A:C 1:1, ZZ in A/B. So completed flat= A of flat, W of DT or TT, Flat done 1,2 moon. A break of 9k invals A LOT of sideways counts.
read like a book, could be a 1,A with an Ending Diag, too tired to measure, so ill just say falling wedge, looks like futures already broke up a bit, pos up for the 2,B, then new lows possible, maybe. watching
trade worked out,took some prof at break of high, then got dumped on, didnt manage trade as well as I should have. Still holding a bit, this is another chart where I need clarity. Maybe top in, ext 5th, sideways WXY need to break some Ls or Hs MO
Triangles are tricky. Converging TL and dropping volume can make a pennant or whatever but EW triangles have rules... cant get a super clear count of the interior waves, so its iffy for me. IF it is a triangle, 1:1 the width of the larger part of triangle off the termination of the E wave is the usual trust out of the triangle....or an extended 5th wave! who knows..
pos bear ABC it done it going down. New lows. Another count may unfurl, not super clear on what the move down would be, could be an impulse not complete, could be some kind of ZigZag Combo, looking for #ClairityofCount bull div
$cweb update...this is the bear count. Soooo, hit the upper Channel line, channels perfect no matter which anchors you pick btw, sup/res hit, reject off of .50, almost hit 1.217 of A, but has not crossed into wave "A" territory...not gonna call it done yet, but... #potstocks #weedstocks
the 1 of C in this count is sus. it gets a 1:1 though. Channels damn well, MO. Dem Channels doe! If you are not using PA and/or EW channels...you should! May be a factor on PA right now...Not Channeling Advice! Ran out of arrows..