dimuthj

dimuthj Updated 

Bit of a long shot, but this new move hopefully follows my previous chart idea that played out well and is nearly complete also. As before, I'm not really focusing on timings, only the Elliott Wave counts. First... Price should soon head up and hit my 5th wave at around $40K-$40.8K. However, price could come down first, to around $36.8K - to tap @Anups new...

dimuthj Updated 

Not really sure about this one, as I'm expecting BTC to do a fat ABC retrace after the Elliott Wave that recently finished playing-out (see last two posts) - If BTC does retrace, ALTs should follow. Ignoring all timings. I'm only focusing on the Elliott Wave counts and any confluence. For UNI/USDT, I've got 3 x Elliott Waves to give me short, medium and long...

dimuthj Updated 

Elliott Wave on the Daily looks to be playing out - has been for a while. TPs = My Wave-5 "area" (3 x dotted blue price markers). No timeline, but I may update the post with one later. Price just needs to stay within the Elliott Wave range. Invalidation = high volume close below wave-1. Invalidation = Wave-5 has already hit, giving an ABC correction down...

dimuthj Updated 

Looks like a 5-wave Elliott wave move up, with waves 3 and 5 hopefully hitting over the weekend. Wave 0 starting during the NYC session/reversal, potentially offering-up a nice “market maker weekend trap”, topping-out at wave 5. If true, price should also retrace back down for the “midweek reversal” next week. Invalidation (stop loss) would be price closing...

dimuthj Updated 

Duplicated a single blue curve trend line a few times on the monthly, to create this messy chart! 'BTC Log Growth Curve' indicator top (red band), meets my blue curve tops/collisions. This can also be seen during previous market tops on this same chart (assuming the blue curves are legit). BTC cycle top looking to be around $152K. Blimey. Bull flag. White...

dimuthj

Hoping BTC bounces here - price already tapping the blue 21W EMA and also retracing to the 0.382 fib extension. First green CPR (R1) meets the 100% fib extension. Good TP zone. Second green CPR (R2) crosses a long term white trend line. Good TP zone. Third green CPR (R3) taps the 1.618 fib extension. Good TP zone. Should price break down below the green...

dimuthj

POLK looking like it wants to move on the Daily. Purple channel (flag) measured move taps the 0.5 fib extension. Blue arrow (pole) measured move taps the 286 fib extension. Higher still, yellow arrow measured move (rising trend channel) taps the 100% fib extension. A bearish move could send price down to the ATL area. Looking for a bounce at the green box...

dimuthj

EGLD might be looking ready to move on the 4H. Fib Trend Time indicator also showing this. White channel (flag) measured move taps the 0.5fib extension area. Should price break down, red arrow measured move points to potential DCA or SL range. Lowers still; red arrow taps the monthly blue CPR range. Yellow arrow (pole) measured move taps the 100% fib...

dimuthj

Potential bull flag forming on the Binance Daily BTC/USDT chart. Channel (flag) measured move up, could send price into the golden pocket area of the fib extension. Channel break down will send price to the bottom of the blue long term trend line. Red pole's measured move could send price to the 100% fib extension area. The larger yellow pole could move it...

dimuthj

Hoping XRP will push up hard with/after BTC. Mid-Nov to mid-Dec could be crazy - the top even? Binance Weekly XRP/USDT chart. Blue curves showing overall long term trend. Yellow channel (flag) and pole's measured move, both meet top of rising red wedge trend. Yellow channel's measured move also hits the 0.5 fib extension from the last impulsive move...

dimuthj Updated 

Monthly blue curves looks to show long term trend. Potential bull flag playing out with the measured move of the pole left to go. FIB extension 1.618 also meets the pole's measured move. Further confluence with the top white trend line also meeting the pole's measured move. Pole's measured move also sits within the blue curve trend line. Time will tell.

dimuthj Updated 

If BTC continues to rally we could see a channel and/or bull flag breakout on $ONE.

dimuthj Updated 

Not used fractals before, but potentially something here taken from the blue box. Blue fractal fits nicely with true price yellow trend lines. Potential H&S also showing bearing sentiment. Although this looks bearish, the fractal does print a HH over time, so long term, this could just be another good/last DCA opportunity from this small retrace. Let's see.

dimuthj

If ETH continues its trend on the monthly, then we’re looking at $5.7k+ before the end of the year and then maybe even $10K by March 2022.

dimuthj

$ONE looking strong. Previous breakout measured moves still available, targeting the $0.27-$0.32 range. BTC needs to continue behaving though. Dotted white horizontal rays mark some potential DCA long opportunities, should we get a stronger retrace. Leveraging carefully - If we head back down into the white channel ("flag"), things could get a little heavy. ...

dimuthj Updated 

Measured move of triangle meets 2nd green CPR line. 1st green CPR line may act as resistance though. Potential DCA long options should price get rejected and head back down.

dimuthj

Chart looks a bit noisy, but I'm testing out the Trend-Based FIB Time Indicator, hoping the retrace will bounce at its 1.0 marker. Further confluence of this present, as this point is also where the 50EMA, top blue CPR and a longish-term green trend line all meet. Channel break DOWN measured move meets the 100EMA and red CPR line. If there's further...

dimuthj

Previous measured move hit like a glove. Potential retrace now I imagine - previous DCA levels mentioned are still applicable. Should price continue upward, a new purple pole measured move could take us up to the next green CPR line. Top of pink channel will need to be broken though. Let's see