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𓄀 ķoinḥopper.wallet retweeted
dogecoin:native
<Bullish Chart Patterns>
A Bullish Pennant is formed, following a Double Bottom pattern 🔥
𓄀 ķoinḥopper.wallet retweeted
$BTC
It needs to break above $82k before setting up for a major move to $95k
𓄀 ķoinḥopper.wallet retweeted
This type of wave counting is INSANE to me.
Traders keep OVERCOMPLICATING Elliott Wave.
This $BTC chart is the most simple structure there is...
a 5-3-5 ABC down.
Notice 3 things on my count:
- Both 4th waves are smaller than their 2nd waves.
- (B) is the dominant correction of the trend.
- (C) ended at a common fib target, near equal with (A).
That’s what you’re going for: the count with the most common tendencies.
The labeling below is the overcomplication I’m talking about.
You can’t teach it, and that’s NOT a good thing. It means it’s too subjective.
EW 2.0 is mechanical.
Find the 4ths, compare them to the 2nds, and make sure they’re smaller.
This is why Elliott Wave gets a bad rep, and exactly what I’m fixing with EW 2.0.
It’s much easier to explain and, more importantly, easier to repeat.
𓄀 ķoinḥopper.wallet retweeted
Still sitting with the $XLM bid while the market chops around these levels.
Nothing major has broken on the higher timeframes yet.
Just watching how it handles the next test.
𓄀 ķoinḥopper.wallet retweeted
$BTC is sitting just above the line most long-term traders watch.
Here's what the 200 day MA is and why it matters👇
𓄀 ķoinḥopper.wallet retweeted
$BTC Market Update Video
Today Tuesday Nov 3rd
Please adjust speed to 1.5x to view it quicker
𓄀 ķoinḥopper.wallet retweeted
$BTC (4hr) Here is a market update to keep you guys safe. In review we have been risk off on BTC 4hr and staying patient for lower setups. Well that was the right move again. So what are the charts telling us now?
Bitcoin is in a stage 4 downtrend on some of the local higher time frames thats causing all the bearish momentum on 4hr. We also have a squeeze shading so expect a violent move soon. It is geopolitical related so we are watching for news events this week while staying cautiously patient.
We will continue waiting for lower setups as that decision has served us well so far. I will let everyone know when the next setup is that I think is valid. Thanks for you continuous engagement 🙏
𓄀 ķoinḥopper.wallet retweeted
#BTC
I haven't posted in an update in a while.. well becasue things have been going exactly as expected.
There is a lot of FUD right now and when we align that with the chart it tells me that there is some signficant bullishness ahead.
However, I'm NOT certain if this is the resolution of the first leg of the corrective or the resoltuion of THE corrective.
Either way - as always - buy Bitcoin.
𓄀 ķoinḥopper.wallet retweeted
$XRP – Swing Long ⚡
Entry: 1.1055
SL: 0.9498
TP: 2.9569
Reason: HTF wave 2 retrace into strong demand. Looking for the larger wave 3 expansion from there.
𓄀 ķoinḥopper.wallet retweeted
#Bitcoin current range.
Below the green there's a lot of open space to fill.. bulls already in trouble, structurally, and can't lose that level.
