30min timeframe accumulation has ended. Perhaps finally time to embrace the bear wave.
Commentaire:
Minor correction on back test.
Commentaire:
Also, to those following my previous ideas recall my chart targeting 8190.
Commentaire:
Sucks that this idea is no longer a ‘popular idea’. Ha ;)
Commentaire:
Will likely breakout of current distribution (check 1min) if true bear rally has begun.
Commentaire:
Meant on inverted scale. Here’s a chart.
Commentaire:
My bad. Even better, it was accumulation.
Commentaire:
For fun, let us see how this forecast channel holds up.
Commentaire:
I’m clearly a gambling man.
Commentaire:
Should have guessed it would have first went higher bc I had already tested the white line indicated by teal vertical. Updated fun forecast.
Commentaire:
Last fun forecast then I’ll stop spamming updates.
Commentaire:
Ouch. That’s why you shouldn’t trade based only on 1min. On 5min we see that 1min pulled back to about the price at first bounce in the broken wedge (pull back price = red ray). If 5min doesn’t break above current wedge then price could pull back to 8665 on 30min.
Commentaire:
Could be a great price at which to bounce...
Commentaire:
Could be a breakout. Let’s see where c finishes.
Commentaire:
More likely an extended fifth bc wave 3 didn’t reach 1.61 x wave 1. I’m still waiting for pull back.
Commentaire:
Ok and that could have been the pull back...
Commentaire:
Here’s the pull back. Notice wave 1 pulled back to .786. Wave 5 ended 200% higher.
Commentaire:
Commentaire:
Consider showing a little support if this idea helps you to profit. If you do, you can find my trading wallet address in my profile. BTC only. I use PrimeXBT which only takes it for deposit.
Commentaire:
Looks like 8575 didn’t hold. Could pump a bit.
Commentaire:
Forget that teal line.
Commentaire:
Can you feel it
Commentaire:
Commentaire:
There’s that fucking snake
Commentaire:
Commentaire:
Commentaire:
Get ready for the pull back to test support.
Commentaire:
Also, for those interested I published an updated idea.
Commentaire:
You can support these ideas by sending only btc to the wallet in my profile. Buy buy buy till target.
Commentaire:
