LLCoolRS

LLCoolRS Updated 

Guys, i think the top is in. Wave 3 on my 3 minute chart was the top.... I missed it by 30 points. If you are long excercise extremete caution... GET YOUR STOP LOSS ORDERS SET. If you have the ability to short, then prepare your position!

LLCoolRS Updated 

Lets look at the 15 minute chart! I wish I could show you my 5 and 3 minute chart.... the fib levels are lining up. I've revising my C subwave top to the .786 level.... triple confluence there! Check my previous ideas for the bigger picture!

LLCoolRS Updated 

I can see clearly now my waves are drawn.... I can see all obstacles in BTC's way! Here's the big picture, following up on yesterdays ideas. More detailed breakdown up next!

LLCoolRS Updated 

More detailed wave breakdown!

LLCoolRS Updated 

The ending of the wave (4 & 5) is just speculation right now.... we'll get clarity after wave 3 down.

LLCoolRS

Many analysts have the wave up from the 7300 bottom as a 1-5 impulse wave. I do not see it as a 1-5 impulse, but rather an ABC correction.... meaning we have not reached the bottom and the bear market continues. One reason for my view is that I CANNOT come up with a decent 1-5 wave count from 7300 to 9200. Continuing with my count, we are now in a large impulse...