Swoop6

Swoop6

Not a whole lot to say here - similar views to my last BTC idea - we're either setting up for the greatest opportunity in markets or pure death - die a bull or watch everyone around you die as a bear...place your bets gl.

Swoop6

As a follow up to my last idea I thought I would outline the Bull case if my counts are correct - If we're viewing this as a larger wave 1-2 what comes next is quite obvious (wave 3) - If you have any belief in BTC and this space overall now is a good time to start accumulating as we're right in the zone where our correction can terminate (orange box) gl.

Swoop6

I'm entertaining this corrective count currently - going forward I expect we see a bounce then 1 more low on less momentum, However a lot of the time these capitulation wicks are the bottom (see 2020 covid fractal the last part ended in 3 waves) - when momentum is this violent price tends to fail on making a lower low - If this correction and count is correct it...

Swoop6

Just a small cap mining stock where the chart looks great for a reversal - should be a year/multi year swing based on past cycles.

Swoop6

Giving me flashbacks to the NEO chart back in the day where everyone thought it was the ETH killer lol...they even called it the Chinese ETH!, but it died and kept on dying...this will be no different and all these other L1 chains with their fancy high tps/scalability bla bla bla the end result will be the same...mega down and people left holding the bag wondering...

Swoop6

Count looks to be correct - expecting this to break our 2-4 trend line and plummet gl.

Swoop6

So original count busted and we scammed another high so I can only assume now this is the correct count - we have confirmation on the momentum/volume that this is correct - so next logical move should be down.

Swoop6

Looking over counts for the bear case here and I think it's a double three style correction - if so we should complete this sometime next year in our orange box gl.

Swoop6

Looking over counts here and there is a good chance that it's topped - I think a lot of these big tech stocks in general have topped/not far off and it's time to de risk.

Swoop6

Another bull trap for the noobs to take the bait on - everyone piling in screaming for new highs...but nope it's going to dump hard and leave bulls rekt.

Swoop6

Short term count in play here - regardless what your bias is I believe this will likely play out - gl...

Swoop6

Can you Sei it? yea future looks pretty terrible this chart will end up like many alt l1's - lot's of hype and promise but nothing delivered.

Swoop6

Yep all the noobs think they're going to get rich off this longing here...I mean how could they not? when they follow all the experts on crypto twitter lmfao...All jokes aside I don't see this ending well at all - expect a mega bloodbath for a year or so gl.

Swoop6

The targets here are the best case scenario I can come up with for the bulls (on the corrective front) - other counts are targeting 11k~ levels gl.

Swoop6

This is a harmonic wave count as it seems to fit the structure off the bottom best - looking at the last part of the move it may have 1 more push up but overall it's probably not far off being done/done - looking at many of the big stocks/nas100 it's more convincing that we're in the process of topping out also gl.

Swoop6

So many sheep and noobs are in this meme coin thinking it's going to moon more (never ends well) - Expecting all the dominoes to fall here and people will be left speechless as they're stuck holding the bag.

Swoop6

So I've plotted this in log scale - views are the whole move from 15-73k~ was one big suckers rally and now serving as a huge bull trap scamming noobs into thinking it's a new bull market and we're going to blast much higher - expecting this to bleed out for at least a year and find a bottom somewhere between 6-11k~ gl.

Swoop6

After going over many counts I've come to the conclusion this is likely the correct one - I know many people are going to look at this and their heads will explode (that's good) as the market don't care about your feelings or sloppy entries - I've used multiple confirmations to derive my view here and time will be my judge gl.