Absolutely beautiful leading diagonal on APTOS formed which will be the wave 1 of the second scale of the macro wave 1. This will be a huge move triggering the first wave 3. I'm expecting a minimal target for the completed wave of $48+! I'm scaling in heavily starting from the unlikely to hold fib 0.382 (probably a strong bounce) but hitting hard at 0.5 & golden...
This looks like a phenomenal setup. Now it doesn't have to be ultra bullish as moon from here. Depending on BTC it might go sideways or set a low for the wave 1 structure of the major 3. But this looks like a crazy setup, wave 3 1.618 ext aligning with the H&S target. Let's fking go, don't fade this 50x
If SOL was going for a 5th wave, i'd expect a structure like this where the wave 5 is equal to the length of wave 1 (or lower even) resulting in a very fast move up, and very fast move down. Target would be $300-366. That would make the big consolidation at the top a complex wave 4 structure which is now forming a leading diagonal ABCDE triangle as the start of...
Everyone is super bullish on SOL, and I have been also, look at my previous post: But are we still bullish is the question? We hit a 2.618 on logscale exactly for this top, and thats HUGE. So far we are holding a triangle like consolidation pattern at the top but we are setting lower highs and support has been tested 7 times! This will not hold forever if we...
ETHBTC is close to a long term trendline and we can expect a hefty bounce which will trigger the alt season. HOWEVER, do not think this bounce will hold. ETH is weak, ETH has no future in my opinion and this is just a bounce. Get ready to capitalise on it.
I'll do a more elaborate post soon on the why and how. But here's a preview of my current TA setup for BTC. You can start filling in the puzzles on why it's going to do this.
BTC finally broke it's bearish consolidation channel with a strong daily candle. The question now is can it also break the common "wedge" or do we get a blackswan covid event which suddenly inverts to 44k or lower before we finally go for the bull run. Either way, you can't miss this long attempt. Take it as a man.
I'm quite surprised that nobody is mentioning that BTC is actually forming a triangle. Everyone is calling this a flag, while remaining quite bullish short term. Now, im not calling this as a trade, im already short since the previous high, but this has the potential to go down hard. Look at 2017 triangle, 2019 triangle. Both tops grinded around an...
XRP is holding stronger than most alts and is still consolidating between .5 - .45 range. It broke down from the wedge on the lower timeframes but is lacking power for a full breakdown. I'm seeing strong odds for a sudden unexpected up move. If it fails, it should proceed down to lower levels. XRPBTC is showing high bottom potential XRP.D is showing high...
I've waited for ages for this matic setup to squeeze, but for some reason its doing the opposite of what i expected. As you can see it had an initial fake out for the bulls, is it going to double fake out and still go bull? This is looking bad so far for MATIC. I'm looking for an entry on a small move up. It's looking like BTC is about to crap its pants and...
I see a very high chance of SUI breaking the ATH, then consolidating a little above it before having a major breakdown. Which also coincides with BTC having another leg down during the halvening. Prepare for an amazing 30x entry on SUI, because this thing it going to hit that 1.618 eventually.
After a new ATH it's likely to have a weekly consolidation before further price discovery. BTC hit a potential 1.618 on the 5th wave and followed up with a fake out B wave. Potential is high for an extended C wave if we reject here again. Incase we do move higher, ill wait for a close below this point for another short entry on the weekly close.
The green box highlights the most likely support zone for atleast a decent bounce if not the reversal. It's the .236 of the normal fib and log fib of wave 3. After the bounce we can calculate if it aims for the 51k region for a full retrace or not. Remember, 30% pullbacks are normal for BTC and we havent had one for a long time. Also, this is only the first...
The true indicator for me of BTC being bullish is always how it performs vs gold. XAUBTC is far clearer than BTCUSD. A true bullish asset is bullish vs the class leader. Aka antifiat, gold. When a H&S fails, it should be expected to fail violently. Meaning XAUBTC is aiming to go higher, and BTC has further downside to go. We are at the edge now, stay tuned....
I can't make it much easier, the primary goal is to short the red line. You can long dips till it reaches that but a bull trend can always stop earlier. Red line = Short entry
BTC about to begin wave 3 of wave 5. If this is true it should take a good 40-50 days of pumpage before it ends. BTC.D will be high, so careful on alts
Two previous completed wave top's from SOL. It's something to keep in mind. Also note that SOL is right at the golden zone. See my previous post for the bull count where it has an extended wave 5. Which will apply if BTC holds this low.
ADASOL is about to have a reversal meaning either ADA outperforms SOL in pumpementals or SOL will dump more than ADA. Opening a position at the same time and same size will enable to you trade ADASOL long.