I'm speculating heavily. There's a trade war right now that's holding back this chart. When the trade war ends, the stock might pop. This one is a guess, but I'm betting real money on it =)
Snake is drawn to scale, kinda. Don't get eaten. Will follow with updates.
We have seen a sharp downward movement in BTC ETH SOL. These are corrections and not trends. The trend is upward. BTC and ETH show a triangle on the daily charts prior to this up-down move. SOL shows a downward diagonal triangle. Regular triangles often signal the end of a move, or that the end is approaching. Diagonal triangles signal that the higher-order...
Please let me know if anything is unclear from the chart.
Following on previous posts about which short and long targets I'm using.
Time and patterns give us three possibilities: -- It jumps up -- It jumps down -- The pattern is mistaken A turning triangle (ie downward) would have broken the pattern. The red timezone is now elapsed. An upward triangle is most likely to turn in the timeframe shown, about an hour.
This chart shows expected behavior if the pattern acts as expected. A fast, sharp, short, move taking no longer than 12 hours that will move according to the following expectations: -- Exceed the overall highest price of the pattern -- Be at least 1x the vertical height of the pattern -- Complete the minimum vertical jump before the time of the apex point of...
I've been confounded by this chart. I've decided to post what I'm trading, and I hope it helps others' confusion. My end analysis is that we're looking at a long period of price growth followed by a long period of market consolidation. We may still be in that period of consolidation for a year or two, or we may be about to exit via trend. Regardless, my analysis...
A quick demo of what we often see following a triangle breakout. DIsclaimer: This triangle is a bit abnormal. The guidelines here are strictly for instruction. (1) Sharp movement upward that reaches or exceeds the tallest point of the triangle of triangle. This happens before the time of the triangle's apex. (2) A dip back down/up often to bounce off the apex...
A deep dive into how waves turn. I will update the explanation of the visuals below. Someone challenged me to see this as a bull market. Even then, it looks like it's about to flip.
It was suggested that this was a bear market. If true, then this post is a deep dive and the ETH chart sistered is a further explainer. Please see the comments subsequent and in the ETH USD chart posting, which will make this all clear. ----//---- In the interim, the targets of this short are real. Use if needed.
This post goes into detail about the wave formation. We deconstruct the nature of the current triangle-looking pattern, and we provide a proof that it is a bullshit signal. The time targets used are beyond the scope, but they aim to identify the breakout pivot of the triangle. Here, they are all aligned. First, let's deconstruct. We've just seen a downward move....
Our prediction of downward triangle was wrong. The timing has shown this. As The price moves out of the vertical time zones, it is more and more likely to move. I have taken a cautious long position. It is very telling that the price moves into the alligator lines. If the price crosses above the blue line, an upward move is likely. Good...
We are looking at BTC and all of crypto around all time high. This is just an idea right now, but ... I'm eager to short this crypto trend. A rising diamond at the end of of a wave-trend. This is typically followed by a sharp drop. See previous charts for usage on how green and blue horizontal lines (Neely, Williams) are used to time the last wave and the apex....
More clarity to previous chart. The green column predict show the expected location of the tip of the triangle based on (e) lowest point, which is your estimation at any given time. The blue columns predict show the expected location of the lowest point on the triangle, based on your estimation of it's apex. Good luck! (I also plugged in different...
Everyone is thinking the same thing here: there's a triangle and it points to the moon (upward). If we corroborate with other relevant charts (looking at BTC), I'm not feeling 100% but OK. So, instead of hoping and praying, let's use basic timing zones to test hypothesis that the observed triangle is indeed a triangle. If these tests pass, then we know how fast...
Mr.Coins thinks this chart is wrong. I think he's wrong. It doesn't matter coz both charts end with an immediate purple arrow going straight up. (It still could take until futures close in T+26hr, IMHO/IME).
I don't even understand this count yet coz nothing makes sense, but it seems apt. It's definitely unqualified and wholly questionable. It's a lower TF read of @Mr.Coins' count.