$SCRT SCRT 5 waves completed ABC in progress potential targets
5 wave completed
ABC in progress
Can expect buyers to show up at blue box areas, calculation in equal legs.
While BTC is preparing to make its big move lower, we can anticipate alts will get destroyed.
Cycle I has ended in November peak, double correction across the board for most major cryptos to end cycle II before starting cycle III up.
Target does seem low, but if BTC is gunna makes its move down towards the mid 20s than these low (calculated) targets should hit.
Could be great to short em and then bag em downtown.
NFA . DYOR.
Just sharing ideas. Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know.
Tips are always welcomed :)
Thank you for viewing, sharing and safe trading to you all!
ABC in progress
Can expect buyers to show up at blue box areas, calculation in equal legs.
While BTC is preparing to make its big move lower, we can anticipate alts will get destroyed.
Cycle I has ended in November peak, double correction across the board for most major cryptos to end cycle II before starting cycle III up.
Target does seem low, but if BTC is gunna makes its move down towards the mid 20s than these low (calculated) targets should hit.
Could be great to short em and then bag em downtown.
NFA . DYOR.
Just sharing ideas. Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know.
Tips are always welcomed :)
Thank you for viewing, sharing and safe trading to you all!
Comment:
Comment:
a cyclical POV to keep in mind since we took out the previous high, it may have been cycle III we just ended so the next cycle, V, could be smaller move up before completion its 1st leg of supercycle wave (I). WOnt know till it happens, just keep it in mind thats all.
Comment:
an alternate view can also be this, unlikely but still possible