We need to see overlap in green waves 1 and 4 ($0.0203), but this overlapping structure has the possibility of an Ending Diagonal with a thrust up. It appears we are moving down in three waves. This would also go hand in hand with the move up being the beginning of a Third Wave.
I found a new site, where (BTC) fear is at an extreme. If you follow Elliott Wave then you know extremes are important and you most likely want to do the opposite.
I still think BTC has lower to go and BTCUSDSHORTS are still extremely low.
alternative.me/crypt...ear-and-greed-index/
The correlation below is uncanny. This is not the time to be short or out.
Sentiment:
ibb.co/pzybf58
Market Action:
ibb.co/sjty5Dz
I should have moved my blue Circle 3/4/5 over to the right
I found a new site, where (BTC) fear is at an extreme. If you follow Elliott Wave then you know extremes are important and you most likely want to do the opposite.
I still think BTC has lower to go and BTCUSDSHORTS are still extremely low.
alternative.me/crypt...ear-and-greed-index/
The correlation below is uncanny. This is not the time to be short or out.
Sentiment:
ibb.co/pzybf58
Market Action:
ibb.co/sjty5Dz
I should have moved my blue Circle 3/4/5 over to the right