mikestoneusc

mikestoneusc

Not quiet here yet, but there appears to be a massive setup forming in TLT. Massive bearish divergence (not the chart is inverted as is the RSI). Michael

mikestoneusc

Brief dip below $40,000 down to as low as $37,000, spring back to $42-$44K area, to then retest $40,000 to complete Wave IV before final impulsive Wave V in this long term structure.

mikestoneusc

Forming similar pattern to prior correction -- looks like $37,000 is incoming.

mikestoneusc

Not convinced whether this matters, but divergence in the ADABTC chart is perfect. Oversold, then retest oversold while ratio makes new lows. This would suggest strong buying opportunity in the paid.

mikestoneusc

Observing a perfect expanding flat pattern in BTCUSD right into the 0.50 FIB retracement. Seeing nice bullish RSI divergence as well. Adding to my position here.

mikestoneusc

See chart

mikestoneusc

In a final fifth wave. Wave 4 breaking into a triangle (which is the ideal wave 4 continuation pattern). Happy trading.

mikestoneusc

See attached. Perfect EW structure. Projecting top of Wave 1 of major wave 3 at $22K, then expecting a 0.618 pullback to $13.5K area. Hold on to your pants! After we put in Wave 2 of 3, the real party starts as we enter 3 of 3, the heart of the move to $50K+. Please hit the like button if you find this helpful.

mikestoneusc

Here's the zoomed out view from my previous post.

mikestoneusc

Perfect EW analysis, we're wrapping up Wave 5 of 1. Expecting a top at $20.3K then pullback to $13K. Hold on to your pants!

mikestoneusc

We're wrapping up Wave 5 of 5 of 5 of 1. Expecting a 0.618 pullback to ~$13K after reaching $20290.

mikestoneusc

High team -- we're in Wave 5 of 5 of 1. Future is extremely bright, but EQ suggestions a 0.618 Wave II pullback to circa $13K region. I think we fail after interacting with the previous ATH. Michael

mikestoneusc

Using the 1D chart Wave 1 was down 15.91% Wave 3 was down in five waves We're now in a Wave 4 pullback, expecting 0.236 or 0.382 pullback before final Wave 5 Assuming 1:1 Wave 1 to Wave 5, we should be looking for a reversal between SP 2,143 and 2,235

mikestoneusc

LTCBTC targeting massive secular bottom

mikestoneusc

BTC in a Wave 4 Triangle. Looking for wave 2 pullback then wave 3 to complete wave D of a triangle at $12.6K.

mikestoneusc

BTC

mikestoneusc

BTC broke the ascending triangle pattern, typically a bullish interim consolidation pattern. Height of ascending triangle is approx 20%, suggesting a pattern price target of $10,000, approx 20% above current levels. Concerning to see the low volume on the breakout above the ~$8,500 resistance level. Low volume could be a result of the US holiday / weekend but...

mikestoneusc

Unstoppable BTC touched overhead resistance at 6100 and has since failed to stay above 6000 and the upward channel trend line. Will be interesting to see where BTC regains its footing, expecting a pull back to 50MA at approx 4993. Major long-term bull here, but looking to re-enter market after pullback and consolidation.