kdibb82

kdibb82

BTC has 2 patterns on the daily that could play out. Most people are calling a descending triangle with a horizontal support. This pattern is a bearish pattern that would normally break down. If we follow what has happened in the previous internal ABC patterns of the WXYXZ pattern the C wave has been .618/.786 of the A wave this would put our current C wave...

kdibb82

XRP progress up date with internal count. I see us heading down and following the high probability fib areas. lets see I will post another update if the count changes.

kdibb82

I see zero bullish signs about this chart. projected downwards it is a scary prospect to see a possible XRP at 0.10, but using common projection fibs this is what the chart shows me. PLEASE TELL ME IM WRONG.

kdibb82

From a pure technical point of view you see a large upward movement to the 1.618 of wave one (green) this is the highest probability extention fibanocci level of wave 1. RSI is over sold and has a very bearish divergence. Load up short,s, might be the long game but we are going down town.

kdibb82

Its always a good time for a Matrix reference. You will see my thoughts on BTC and with the ultimate outcome being similar. BUT the question is as the abc finished or are we going to go up for the C wave????? either way it will only be a short lived long play before the completion of the retracements on the large time frame, followed by a long sideways action the...

kdibb82

I see BTC working its way into the last wave of the triangle in the fourth wave. It has been long and boring which for me confirms a 4th haha. A simple 1 to 1 for target 1 from wave 1, and Target 2 is 1.618 from wave 1. A movement below $6,350 will invaladate this chart. So get ready to go long or wait until the 5th wave to "danny devito" (short) all the way down...

kdibb82

I see a bear flag on the daily which normally break down. A candle closing convincingly above the green line above the channel would discount this downward movement. Sorry Z1P

kdibb82

Im a crypto trader by heart but thought I like the patter of Wesfarmers, so I charted it as I see it. once complete I looked down at the time scale. LOLOLOLOLOLOLOLOL how do people trade this. pattern "might" be complete by 2027 so ill catch ya in 9 years LOL