Aimee_J

Aimee_J Updated 

In this, I present the case for the crypto market cap being in a possible 5-wave Elliot wave and the recent "bear market" is just wave 4 and not a real "bear market" the bear market following wave 5 will be much more severe than what we just experienced. In EW wave 2 is usually the most severe which would explain why the 2018 bear market was much more painful than...

Aimee_J

Solana's retracement is not finished yet and neither is its bear market. I do expect further downside later this year. So far I think we've completed a macro-A wave of an ABC correction for Solana and the macro-b rally should take Solana over $70 to come this year. The reason I'm more optimistic we've seen the bottom for some alts such as XRP&LINK is because...

Aimee_J Updated 

I've explained in a previous post why I am not convinced that the bottom for ETH is in. This is because the 1 on the monthly Elliot wave is so far away from the bottom we just saw last month that doesn't mean I'm not expecting eth to continue rallying this year I just think it will put in a lower low next year. I am however bullish on the XRP chart,...

Aimee_J

I am basing my current trades on the EW count I have for Bitcoin and not on the EW count for the total crypto market cap. This is because I can see a lot of potential alternate counts for the Total crypto market cap I will explain those counts if they become relevant. I also don't like the current ETH EW count because it lost the 2018 ATH (which I did expect)....

Aimee_J

The DXY looks like it's in the final stages of a UTAD before a fast breakdown of the DXY. This should be one of many catalysts leading to a BTC rally to $50k and 1 leg up in the stock market. The DXY so far is down around 150 points today and this downward trend on a larger timeframe should continue and the DXY should continue to head lower.