This could be a great moment of opportunity...
The geometry seemed to speak for itself... This scenario shouldn't be ignored.
That said.. as fibonacci rules over nature and things of beauty... spent some time taking a step back... keeping my optimism nearby as usual.
Detailing the pathway with the likely ABC that could form.
This just seems to make sense... Longer wave one on leading diagonal?
This is how BTC messes your with your head... Something tells me some whales will push the price to the limit of the bottom of the uptrend channel. Making the last weaker hands let got of their precious BTC before the bullrun of our life...
Forgot this critical junction in my previous post...
Looking at the quintessential bubble chart... one thinks... Is this the bear trap? @philakone @tradedevil @haejin Thanks a million for you guys's teaching! Thoughts? Cheerio!
Hey guys.... Really hard to figure out what BTC is up to... I personnaly feel like the drop from 20k left some pretty deep scars... Crossing 10k again will take some serious fomo... and that'll come once we get back into the sub 6-7k.... This is so exciting! Many thanks to you guys for all your amazing teaching! @haejin @philakone @tradedevil Thoughts? Cheerio!
Messin around... seems as though this would complete the structure pretty elegantly...
Based on the re-projection of the past corrective cycle...
Extrapolating something visually elegant... purely for fun...
Seems as though we might have to spend more time down in 9k land. The pattern seems to match the top so perfectly... I sincerely think this correction is far from over. Which would explain the massive rise to come in many alts... Thoughts?
If this were a head and shoulder... Could it possibly be a sign of reversal?
Same idea but revisited the pattern in a different phase