ThinkNauts

ThinkNauts

Bearish bat ? Probably a "double top" in store, a retrace, and then either sideways and moon or straight moon. Either people are still bullish and just waiting for that dip, or the dip breaks spirits and we tumble even lower till next year. I'm hoping for the first option.

ThinkNauts

This is as simple as it gets. Look at the picture and let it dawn on you.

ThinkNauts

Patience required. Enjoy the journey. Lots of adventures along the way. Or you can just nap and dream of lambos, and wake up weightless some day.

ThinkNauts

Previous chart was looking for more extension before it tanked. That sub count is a little weird because of that last peak just barely passing. It is still possible we havent finished the wave 3, but at the moment it looks like this and works well. Almost textbook. 50-60% retraces for each subwave and wave 3 hit the 1 to 1 like a champ. Wave 5 possibly...

ThinkNauts

It will get there eventually. 160-185 ballpark. May the FOMO be with us all.

ThinkNauts

First things first. I do not care what you think mr London555 or whatever your name is. So don't bother. Same for your sock puppet account. This is just a possibility based on what is in the charts and what is "in the air tonight".

ThinkNauts

Same basic move as last time. Stretched out over a little more time... Could it be?

ThinkNauts Updated 

Lines and stuff

ThinkNauts

This is the other way to look at it.

ThinkNauts Updated 

Haven't used this indicator before. Makes it look kind of obvious...

ThinkNauts Updated 

My last chart held up strong. Let's see how this plays out. May not make it all the way, but she sure is tryin'.

ThinkNauts Updated 

We had another upswing last night that was probably the actual wave 5, making my B actually wave 4. General expectation remains the same for a fall back to 27 range. This assumes BTC doesn't wake up and break 4200.

ThinkNauts

Been a while since I posted. This count looks good so far.

ThinkNauts

Because it is just as valid as the other one people are drawing that goes down.

ThinkNauts

It certainly is possible.

ThinkNauts

new low and a new high followed by subsequent higher low and lower high

ThinkNauts Updated 

If you compare the March-April correction you can see we are forming a very similar structure for the reversal. We have RSI and MACD bullish divergence building over the past week or so and it looks like the sellers are getting exhausted. Always a chance for another push to test lower, but I don't see any reason it would go below 65 and it may already have found...

ThinkNauts

Last post was wrong view.