UnknownUnicorn5408914

UnknownUnicorn5408914

IMO, I don't think B is in, we still need to waste more time in B like the ABC structure that happened previously. Watching the 2h and 1h RSI for hidden bullish divergence.. I'm already in (see related idea), no need to chase, staying patient and waiting for hidden bullish. Timing, precision...

UnknownUnicorn5408914

If you've been following these ideas you're in the money and longed the bottom of what could be our B wave we've been waiting for.

UnknownUnicorn5408914

Bitcoin not respecting time but is respecting price almost perfectly, swinging to the 786 (bitcoins fav), 707, and 618 re-tracement. Boom, expecting this lil pop to tag the 100 or 161 extension as we make 5 waves up hopefully. If so the main trend line is broken and we go UP for abit.

UnknownUnicorn5408914

Wave 2 likes to re-trace in-between 50 and 786 on price, and 786 and 886 on time (Check related idea). Looking for a bounce in the 1st green box or second. If the market wants to waste more time, I target 161 or 200 on time. I would place my stops at the low, breaking that point invalidates a wave 2.

UnknownUnicorn5408914

Still short until Im happy that the 5th wave down in C is over. It could be a truncated 5th and the impulsive is over, or we're setting the wyckoff spring and we bounce. Either way we need to break the trend line to go up, until then Im watching potential reaction zones around my technicals. I'm tracking ABC here as an expanded flat which is only wave A of the...

UnknownUnicorn5408914 Updated 

I know my charts have a lot to unpack, I'm just trying to bring order to the chaos for those who seek it. I think we are in an impulse wave that started in 2018 ending the bear market. The 60k top ended wave 3 somewhere and we are in the process of setting up wave 4 by correcting with a zig zag. From what I see, we are in the internal A of wave A, about to end...

UnknownUnicorn5408914

Does this look bullish to you? Would you trade the build up? Flip the chart! This looks like a stone skipping across water, eventually it loses momentum and goes plunging down. The stone will eventually find the bottom, where and when? Well, that all depends how good you are at skimming stones...

UnknownUnicorn5408914 Updated 

Testing this idea against my 1h ideas that I started yesterday which are all short. If I assume ABC on the macro (see my related idea below), A has to end somewhere and if it is 29k then we gotta start B somewhere right.. wrong, A is not done and we are still making the 5th down lol, or A is not done and so is 4 which we are going up to do now and then start 5...

UnknownUnicorn5408914

I moved stops to break even once we broke the main channel. We could be setting the B wave now but I think wave 2 is not done. If B wants to come and take my stops, thats fine.. we're looking to re-enter on B anyway. Would like to see 1.618 on time and 786 on re-tracement...

UnknownUnicorn5408914

Check the links to my related ideas below. Called it beautifully for you, you're welcome...

UnknownUnicorn5408914

Bitcoin is playing nicely and respecting time and price. Bitcoin reacts to momentum better and I pay alot of attention to RSI which we havent even scratched. Textbook stuff happening here...

UnknownUnicorn5408914

Perfect timing on the 1h chart to show you all how messed up these retracing moves can be.. all options are on the table. In this idea which is related to my last idea, I'm assuming this 55% correction is over and this bounce is real and we go up. This wave 2 might have you thinking otherwise...

UnknownUnicorn5408914

Wave 2's and 4's in my opinion are designed to drive the market crazy, any time frame! If we went on to make an expanded flat and hit the 1.618, would you assume moon? Never seeing 50k again? Possibly, but these retracing moves will give you any pattern, any combo, any count, anything, which is why it is wise to wait and trade trending moves or waves 1 3 & 5. I'm...

UnknownUnicorn5408914

This idea is basically the same as my last daily analysis except I added time so lets see how we go. There are so many counts I am watching, these ones are making sense right now. Quite alot to digest on this chart if you don't know elliot, fibonacci or time analysis. I have provided callouts to help you understand how I got my price and time targets. Lots of...

UnknownUnicorn5408914

This is related to my first idea except this has a time based fib applied to it. Also this is a weekly chart. The MA and SMA are configured to represent the 50 and 200 on the daily time frame. Lets see how this plays out...

UnknownUnicorn5408914

Have not used time analysis in this chart. Based on Elliot and Fibonacci, it is possible that the 5th leg ended as a truncated 5th but until the dotted trend line (measured from 2 to 4) remains intact, I am still looking for the lower targets. If that dotted trend line breaks, the impulsive is over and we correct to the upside. If we lose this 30k level, there is...