Over_Waves

Over_Waves

I see this as an still uncomplete correction to the downside. Scenario is exactly the same as BTC turning bearish very soon. I think that this move to the downside wont be too sudden and could take their time. Not the place to turn bullish now

Over_Waves

Shorter time frame set-up which is complementary to the bigger time frame post that I uploaded before.

Over_Waves

Everything has played out very nicely so far. We have had an impulse down for A, now a correction seems to be playing out for B and I'm looking for an impulsive C towards the 24k area. I have two big levels of interest, 43k and 48k, but I have a really accurate confluence on 43k where the 50 fib and the algo target for the impulse coincide. Looking to short BTC...

Over_Waves

Beautiful impulse forming on the LTF of SNAP. Wave 3 is done and I would be expecting it to finish a corrective move, either a basic zig zag or a potential triangle which is very typical for waves 4, in between the 382 and the 50 fib. I will be looking at longs towards the algo target very very soon. Lovely chart ;)