cryptoheat

cryptoheat Updated 

another example of how to interpret the waves with the help of the MTF wave indicator. you can see wave 5 starts with MTF being oversold. you mainly need to look at the green curve which then forms a wave up, then diverges at the top with a tap up from gray and blue time frame stochastics, followed by more green stoch wave decline as well as a clear entry for...

cryptoheat

Sometimes you don't need to count all of the Elliott Waves and pinpointing where the last Impulse started is enough to located the proper Time frame to look for that wave ending on the MTF. in this case the 1 month chart was the relative Time frame for the last impulse upwards (see where I wrote MTF stoch wave start) and you can see that from the Stoch being...

cryptoheat

A good example for a full MTF Wave Stoch RSI full wave on the 12h time frame with clear entry and exit on the MTF. Although it is an old PA for JASMY, I find this one of the best case studies on how to read the Stoch waves on the MTF for precision entries, from which we can learn from. Don't hesitate to ask if you have any questions!

cryptoheat

I am not a huge fan of #Bitcoin fractals, but the MTF wave indicator similarities between now and 2018 before last dip as well as the constantly retested support and slow bleed should be kept in mind as a possibility to watch for.

cryptoheat

Explaining what the MTF Wave Stoch is all about, does not get any easier with this #Cardano chart $ADA / USDT pair. Feel free to ask if you don't understand!

cryptoheat Updated 

Luna could be finishing up wave 3 here. if So i do not expect its correction to be deep since wave 2 was deep. therefore a retrace to the 0.382 could be reasonable . If not, the 0.5 is the next support with confluence! notice the slow bearish divergence forming on the MTF wave indicator

cryptoheat

MKR looking to have finished a 4th wave correction in the form of an ABCDE triangle. confirmation upon breaking upwards out of the triangle. invalidation if we break below swing low

cryptoheat

FTM/USDT pair looking like a wave B to me. contrary to what many are thinking. this should be considered a B until proven otherwise. whether this B will go to 0.618 or 0.786 or even an expanded flat is not clear yet. we can see 5 clear subwaves of A during this last drop.

cryptoheat

COMP looks like finishing wave C. i would not be surprised to see a massive wave 3 upwards here, should BTC hold its ground in the coming days

cryptoheat

right now this seems like the bullish count with a wave 5 up in the forming. If not, i expect us to retrace and maybe test the 0.618. in that case that push up would have been only wave B of wave 4. Bullish count however seems like subwave 1 of wave 5 is approaching its top..

cryptoheat

SXP gave multiple rejection signals on the MTF wave indicator. expecting a lower time frames MTF convergence before next bounce.

cryptoheat

FIL could possibly have finished its first subwave 1 and 2 of 5 if it bounces here off the 0.618 fib level. MTF wave indicator looks like a wave 1 and 2 ending here. invalidation below 68.66$

cryptoheat Updated 

SNX seems to have finished wave 4 and in wave 5 currently. Wave 3 was confirmed with the volume as well as the MTF wave stoch and the subwaves of 3, followed by an ABC with clear subwaves...

cryptoheat Updated 

this would be the BTC bullish scenario. there is another bearish scenario, which I will post later. for this bullish scenario, BTC would have finished wave 1 up followed by a running flat ABC, while C is composed of a (33333) ending diagonal...

cryptoheat Updated 

BTC possible scenario, could be that it has just finished sub-wave 5 of corrective wave A of the wave 4 correction. we could be entering wave B here.. the previous wave are clearly visible as well on the MTF WAVE stoch RSI. by identifying the (full moves, which are each consistent of two waves) as well..

cryptoheat

TRX might have finished its ABC correction here. to validate this count, it needs to break above subwave 4 resistance though. also possible would be for this whole move down to be A and now B in the making...

cryptoheat

YFI possibly finishing wave 4 here. this count will still be valid if it dips further, unless it dips below wave 2. since it has already dipped below wave 1 this can only be considered a leading diagonal, otherwise the count is invalid. if this plays out as a leading diagonal, then the top of this cycle can easily be located when near the trendline resistance...

cryptoheat

XRP seems to be finishing wave 4. waiting on confirmation. but this is a possible scenario. MTF Wave Stoch is used for wave confirmations.