Ending diagonal
shape of wave 5
Topic: Nights Watch by Afrikoin - page 114. (Read 303310 times)
Possibility 1
Ending diagonal
shape of wave 5
Ending diagonal
shape of wave 5
Here is where my mind is right now.
Labels do not necessarily reflect exact targets, just a general idea of what to expect
So now we are in a large fractal wave 4 after a 3 top (coloured dark purple). This is the gist of it really. What form do we take for the final wave 5.
So after the top, we drop in 3 waves. a, b, c (coloured black). I believe the a-b can be labelled x-y. Doesnt matter anyway.
So this forms part of the first drop of the larger fractal .
We still need to form a 5. and now we are in atleast one fractal
a, b, c
the c happening in 5 waves. and we are still in the 3 (coloured light blue).
So expecting a top somewhere. $1100 maybe?
So question is how far will large fractal wave 5 go? what shape will it take?
Will share this after
Labels do not necessarily reflect exact targets, just a general idea of what to expect
So now we are in a large fractal wave 4 after a 3 top (coloured dark purple). This is the gist of it really. What form do we take for the final wave 5.
So after the top, we drop in 3 waves. a, b, c (coloured black). I believe the a-b can be labelled x-y. Doesnt matter anyway.
So this forms part of the first drop of the larger fractal .
We still need to form a 5. and now we are in atleast one fractal
a, b, c
the c happening in 5 waves. and we are still in the 3 (coloured light blue).
So expecting a top somewhere. $1100 maybe?
So question is how far will large fractal wave 5 go? what shape will it take?
Will share this after
Wave 5: Wave five is the final leg in the direction of the dominant trend. The news is almost universally positive and everyone is bullish. Unfortunately, this is when many average investors finally buy in, right before the top. Volume is often lower in wave five than in wave three, and many momentum indicators start to show divergences (prices reach a new high but the indicators do not reach a new peak). At the end of a major bull market, bears may very well be ridiculed (recall how forecasts for a top in the stock market during 2000 were received).
source: https://en.wikipedia.org/wiki/Elliott_wave_principle
source: https://en.wikipedia.org/wiki/Elliott_wave_principle
toni gallippi indicator
bullish
bullish
Bitcoin Money Supply vs USD Money Stock
Looks like we are heading to ATH?
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
Then we find a top and go down!
Depends on the timeframe.
Do you change your mind about how deep we could go after reaching the top?
No. $512
First we see what happens on March 11, ETF or not?
Maybe this is an pre-ETF pump?
Looks like we are heading to ATH?
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
Then we find a top and go down!
Depends on the timeframe.
Do you change your mind about how deep we could go after reaching the top?
Looks like we are heading to ATH?
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
Then we find a top and go down!
Depends on the timeframe.
Looks like we are heading to ATH?
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
Oh, were not you preaching some days ago that we were heading to sub $500?
Its Bitcoin, positions change daily
Yes it`s bitcoin and the best advice here is to HODL!
Day traders will always loose!
Looks like we are heading to ATH?
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
Oh, were not you preaching some days ago that we were heading to sub $500?
Its Bitcoin, positions change daily
Looks like we are heading to ATH?
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
Oh, were not you preaching some days ago that we were heading to sub $500?
Looks like we are heading to ATH?
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
I am in a position on the SIM trader
Looking for a top.
Looks like mini wave 1,2 and now 3 ongoing.
I don't understand the lines here !
Mines looks better
You better have a gif of Bitcoin going super saiyan if we pass $2k.
Despite the spikes and crashes recently the pitchfork on my log chart hasn't been tested on upper or lower bound. In fact on this scale that last spike and correction look small compared to previous ones.
So what now?
Will the trend continue upwards after recovering from the latest mini-bubble? Because elite war on cash, capital controls, inflating fiat.
Will bitcoin surpass 1 ounce of gold ? Yellow line at the top
Or was that the end up the upwards trend and price will now fall ? Because China and ETF not approved
So what now?
Will the trend continue upwards after recovering from the latest mini-bubble? Because elite war on cash, capital controls, inflating fiat.
Will bitcoin surpass 1 ounce of gold ? Yellow line at the top
Or was that the end up the upwards trend and price will now fall ? Because China and ETF not approved
Vinny Lingham entertaining the Idea of a Bitcoin Hard fork
Interesting comments highlighting flavors of possible hard forks.
https://twitter.com/VinnyLingham/status/832281699899674624
Interesting comments highlighting flavors of possible hard forks.
https://twitter.com/VinnyLingham/status/832281699899674624
You saw what Vinny said on Twitter when asked him what happens if Winklevoss gets rejected? He said, BTC will decline about 10-15% MAX.
I could live with that. Its the 50% drop that would make me sick to my stomach.
Vinny Lingham entertaining the Idea of a Bitcoin Hard fork
Interesting comments highlighting flavors of possible hard forks.
https://twitter.com/VinnyLingham/status/832281699899674624
Interesting comments highlighting flavors of possible hard forks.
https://twitter.com/VinnyLingham/status/832281699899674624
You saw what Vinny said on Twitter when asked him what happens if Winklevoss gets rejected? He said, BTC will decline about 10-15% MAX.
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