AltcoinAardvark

AltcoinAardvark

I think this is the most realistic path to 100k when taking into account liquidity / engineering liquidity. Based on the open wick ($23,275 O - $19,520 L )/ eq lows below ($24,745 ) I think price will gravitate back to that area as a bear market accumulation area. With that in mind, If I line up the 0.75 of the fib on the low of the wick --> eq.l's (~100k -...

AltcoinAardvark

No stop loss is safe. Doge is inducing long's and building liquidity on the local low before it is going to be a targeted sweep for the real move to the upside.

AltcoinAardvark

Third touch point on the pennant, the move that deviated the pennant low is a weak low (It was never swept/retested). I think there is a possibility that we revisit it if we reject off of this high.

AltcoinAardvark

This is my buy zone for TIA. I like the looks of the first structure, incoming wave 3 impulse.

AltcoinAardvark

I had an idea today, "What if we leave the FWB:25K equal lows behind for later?" and came up with this. Its a mixture of EWT, ICT and general cycle nature. Should be fun to watch it print over the prediction over the next couple years!

AltcoinAardvark

Decided to try and free hand how I think price will deliver over the coming year(s). Just for fun (:

AltcoinAardvark

I have tried to fit a curved line along as many bottom wicks as I could. I then copied this line and tried to fit it across the tops, then plotted two more instances at the 25%, and 75% of said range. The white boxes represent one year from Jan - Jan.

AltcoinAardvark

I would like to see price close above $45,850 to set a higher high on the Daily to confirm bullish bias. This would also set the low at $34,324 as a "Strong" higher low that would most likely hold if price were to go back down to that discounted region. If this plays out, I think that would help build enough confidence to cause a break of structure on the Weekly...

AltcoinAardvark

It looks as if $BTC has found its bottom and has formed a double bottom formation with a HL to confirm bullish trend. I don't think this counts as a Adam & Eve formation, I think the 'V' formation comes first before the rounded bottom (Perhaps someone can correct me if I'm wrong?). None the less, conservative target (Based on candle bodies) is $55k! Should be a...

AltcoinAardvark

The price has finally retraced down to the volume support ($258 - $285) / the 0.786 Fibonacci retracement level. The 0.786 normally acts as a great place to bid, so this may be the time to buy your first node, or if you already have one.. compound your operation!

AltcoinAardvark

Bitcoins price action looks to be retesting the $42,000 level that has acted as support and resistance in the past. I expect us to bounce here and have continuation to the upside.

AltcoinAardvark

This is the fractal from 2003 - Present $NDAQ overtop of $BTC's current market cycle. I really hope this doesnt play out haha.

AltcoinAardvark

Wave #1 - 193 Days Wave #2 - 261 Days Wave #3 - 396 Days Wave #4 - 286 Days Wave #5 - ? It is said that Wave 5 can be the same size as Wave 1 or Wave 3, so I am expecting to see another impulse to the upside before this cycle is finished. I was paying attention to the number of days it took for Wave 1 to complete (193), and the number of days it took for wave 3...

AltcoinAardvark

It looks as if $LUNA is going through a very similarly shaped cycle to what we saw in $ADA last year. Hopefully we can get a bigger second impulse in $LUNA with the Bitcoin 5 wave ushering more retail speculators.

AltcoinAardvark

I was trying to show a friend what Elliot Wave was last night and accidentally came across this diagram online. Looks incredibly close to what we see in $BTC's macro chart right now. Something to keep an eye out for when we go to $60,000.

AltcoinAardvark

Elliot wave principle says you are able to find a rough target for the top of the five wave by creating a channel using the bottom of the 2 and 4 corrective waves. The top of the parallel channel is anchored to the top of the 3 wave. Most of the time the top of the 5 wave meets this line, but it can extend above it. I feel like 300k is a little optimistic, my...

AltcoinAardvark

I marked out the three interest rate hikes that took place in 2017. After the announcement of the first two (Mar 16th, and June 15th) price dropped by -29% and -24%, and finally the last one that took place on Dec 14th resulted in a +24% short term moment. As you can see, they have short term implications on the market, but if you look at what comes after the...

AltcoinAardvark

Playing around a little here with some fractals. I noticed that the price action lines up pretty well to the (possible) bottom we are seeing form from the last two weeks. Price action is currently testing the impulse candle we had that followed the capitulation that took place on the 21st (Using Glassnode's "Bitcoin: Net Realized Profit/Loss " metic *Third...