good day everyone. it has been a sideways period for the past month. The coming period will not change much before we sink further south. On the schedule for now: wave 5 micro is done. Tp is red box 31200 for a long. After this I expect 1 more drop before the last wave of Y will start. after 34xxx the last wave C or Y comes towards 24xxx-22xxx. have a nice weekend.
BTC update lower timeframe: Didn't get a sharp correction for 4 overnight. expected this one, however, 4 turned out as a triangle. BTC is now on last impulse for 5 of c of x. after this last dip, we have to wait for a 5 up 3 down to open a long position.
Update on BTC smaller timeframe : I think need 1 more down to complete (c) of X. After this move we can finally start the abc of x of D. (don't mind the date range)
Maco view has not changed. Wave (D) of the triangle is different than predicted. A triangle is difficult to count, especially the one wave that develops differently than a standard zigzag. I think X is done. (a) is developing and I expect it to run to the green box 44-46. Then shallow (b) and last wave (c) of the double zigzag to 52 - 55. After this E will be...
This chart reminds me of my earlier analysis of $ZIL. Price is now on weekly demand. There is also a clear Bull DIV on a weekly basis. Last but not least. The correction is now in the last stage of C. Maybe it is already done. You have to wait for a reverse pattern, for example a morning star on a daily or weekly basis. Oh yeah, I'm also bullish on BTC for...
My macro view has not changed. B has corrected more deeply than expected. Sorry about that. But in hindsight this fits better into the picture. W is a zigzag, Y becomes a flat. Target still 52K. I wait for a 5 up three down before taking a position. Trade safe!
Zil is almost done with the impuls before bigger correction. - target 0.16 ( ithink this is 3 of 5 because clear div on 3 of 3 and 3 of 5. That means maybe another impule , im not gonna babysit for the last impulse so im taking profits right here) But if it braeks taget would be 0.2 ( fib ext )
BTC making a nice move in the past days. The scenario is as follows. We are now in wave D of a triangle. At macro level I only see 3 waves and triangle 4 alternates with zigzag 2. There is still room up to 52/55 K. After this comes a sharp and I think short E given the volatility. YOUR options are ; Sell at D 52-55k. Or HODL and buy more from E. Then buy a lambo.
VEry good opportunity here for WOO. This must be the last correction before the breakout of the Diagonal. Long term the target is green box. The falg needs one last low imo.
if it breaks upwards we have officially had a test of the previous ath versus btc. I keep an eye on green box. If there is a strong reaction in this zone, I open a lung. Otherwise I'll wait for the rejection at the red box. wait for the switch from bear to bull on the lower timeframes. Thats it trade safe champs. Ps; for me it is a strong signal when I come...
didn't go the way I wanted. My stop hit and didn't get a chance to re-enter due to the strong bull momentum. But it will undoubtedly come. I am now going to turn my attention to the BTC pair. The BTC pair looks very bullish on the weekly and daily. That's why I like to be in a long position. If I get the chance to get in 0.00003, then I will go long. otherwise...
You can play this in 2 ways. 1 Most safe: wait for the breakout. Then see if you get a test andon the breakout and go long when confirmed. 2 Wait for confirmation on the fib levels or the green box. my preference is 1 because I know which red box it is going to test.
Sharing this idea from my phone. The chart look to good imo. Maybe first a false breakdown, maybe not. I think it's worth the risk anyway. Red lines would be the targets, 1st 2nd and the 3th is new ath. This one is not going down before it makes a new ath.