trying to learn from the past, let see if this work! 6200 top.
pd: there is one thing that worries me, this could be the end of elliot wave 5 and we could go into an accumulation period again, not like 2013 but could last half a year maybe? we are about to see. other thing i noticed is that in crypto markets elliot wave nº5 is larger than other ones (wave 3 tend to be the larger one but the rule only ask for it to not be the shortest and it markets like crypto we have cases that we have wave 5 being the largest wave) in that case we have to break 6200 and go crazy parabolic until 7k at least.
i have another chart with bubble levels based on btc historical charts, check my profile for more charts!
advice: this predictions not always work, thats why i always trade what i see, i never marry with a chart or with a sentiment.
pd: there is one thing that worries me, this could be the end of elliot wave 5 and we could go into an accumulation period again, not like 2013 but could last half a year maybe? we are about to see. other thing i noticed is that in crypto markets elliot wave nº5 is larger than other ones (wave 3 tend to be the larger one but the rule only ask for it to not be the shortest and it markets like crypto we have cases that we have wave 5 being the largest wave) in that case we have to break 6200 and go crazy parabolic until 7k at least.
i have another chart with bubble levels based on btc historical charts, check my profile for more charts!
advice: this predictions not always work, thats why i always trade what i see, i never marry with a chart or with a sentiment.
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click on the charts above to view full idea i've been working since the rally started.
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2hr buy signal
s3.amazonaws.com/tra...shots/r/RWjeWRs4.png
daily buy signal
s3.amazonaws.com/tra...shots/3/3WiotSk8.png
s3.amazonaws.com/tra...shots/r/RWjeWRs4.png
daily buy signal
s3.amazonaws.com/tra...shots/3/3WiotSk8.png
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waiting for support around 5600
s3.amazonaws.com/tra...shots/x/XNaeFpyd.png
s3.amazonaws.com/tra...shots/x/XNaeFpyd.png
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almost there
