Pardon the plethora of noise but I've marked this same chart for 2 years. Cleaner chart linked on ETH:USD.
I looked for a category that said "Nonsense" but didn't find one.
We broke resistance on the first minor downwave.
Rising wedge up to last wavepoint ($395) but did not break -- B wave still valid as is the larger H&S.
Awaiting confirm of minor C wave and drop to $325 -- completes H&S signaling drop to ~$250.
H&S: Left: Aug1; Head: Sep1 Right Sep17; Base: $325.
(note that the neckline WAS* maintained Aug1.)
Similar structs on BTC, AAPL, GOOG, NDX, DJI, SPX, IXIC,
which sadly to say, showcases the larger bubble 'bout to burst.
I'm sure my targets are in a prior post. If we burst -- wicked entries for stocks that have had crazy fib growth once they bottom -- TESL/KODK.
I'll take ETH for ~$250 in 2020 -- I think sooner than later.
Look at my prior "charts" (read:"scribbles") I was one subwave extension short calling the right shoulder high, incorrectly assuming it was dabbing when, in fact, shoulders straight.
Do you have any reason to think that these inflated values could rise another fib level to find support?
I think not.
I am not a trader. I am no longer invested in any coin/stock. Liquid 9/1. I just like looking for patterns -- and the next long* entry -- which ain't now, or even in the realm of now.
I looked for a category that said "Nonsense" but didn't find one.
We broke resistance on the first minor downwave.
Rising wedge up to last wavepoint ($395) but did not break -- B wave still valid as is the larger H&S.
Awaiting confirm of minor C wave and drop to $325 -- completes H&S signaling drop to ~$250.
H&S: Left: Aug1; Head: Sep1 Right Sep17; Base: $325.
(note that the neckline WAS* maintained Aug1.)
Similar structs on BTC, AAPL, GOOG, NDX, DJI, SPX, IXIC,
which sadly to say, showcases the larger bubble 'bout to burst.
I'm sure my targets are in a prior post. If we burst -- wicked entries for stocks that have had crazy fib growth once they bottom -- TESL/KODK.
I'll take ETH for ~$250 in 2020 -- I think sooner than later.
Look at my prior "charts" (read:"scribbles") I was one subwave extension short calling the right shoulder high, incorrectly assuming it was dabbing when, in fact, shoulders straight.
Do you have any reason to think that these inflated values could rise another fib level to find support?
I think not.
I am not a trader. I am no longer invested in any coin/stock. Liquid 9/1. I just like looking for patterns -- and the next long* entry -- which ain't now, or even in the realm of now.
