so heres the problem, if we cant get a break above the line- then we have a head and shoulders, and what i thought was an impulsive move to the upside could in fact be an A-B-C corrective move off of the first high, Stop loss is the way to go here, because if its a-b-c, then it could sink all the way back to the boittom before another move up . on a knife edge here, so protect your gains
ความคิดเห็น:
if it makes a lower low then its a done deal imo
ความคิดเห็น:
not looking good, because now we have a micro fractal of the macro top
ความคิดเห็น:
so if we break down now, then its probably headed there, somewhere between rock bottom, and the bottom of the bB wave
ความคิดเห็น:
the good news is, if this does turn out to be the count, after the lows, we can go all the way up there, so its not all doom and gloom
ความคิดเห็น:
shit or bust time I think, it either makes a higher low and a new 5 wave up OR, it breaks down at the top of the 1 wave and dumps
ความคิดเห็น:
defo cant go below the neck line of the H&S, if it falls below that its doomed, cos it'll come back up and support will have flipped to resistance
ความคิดเห็น:
anything below that, and im shorting the arse out of it.
ความคิดเห็น:
could be it, looks like the 1-2 of 5 down could be in now
ความคิดเห็น:
and i think this is the why, lunc has been making these moves up on a bBTC pull back, but as you can see, bullish divs have been racking up on this for a while, so i think this and other alts will break up now, and send lunc back to the kows
ความคิดเห็น:
and lunc is doing the opposite, racking up beaerish divs on higher prices, so they look opposed to my eyes
ความคิดเห็น:
ความคิดเห็น:
ความคิดเห็น:
careful if you're tempted
ความคิดเห็น:
ความคิดเห็น:
sriike that last update, i though the 5 of 1 was in but its only just started so a bit higher
ความคิดเห็น:
just sold everything, this looks all kinds of bad
ความคิดเห็น:
ความคิดเห็น:
best I got, but USD is showing no signs of stopping any time soon, so who knows, it ca seemingly keep going up on infinite bearshsh divs
ความคิดเห็น:
I'm not betting against that,
ความคิดเห็น:
wave 5's are generally the most parabolic/fast if this is the count, then everything's going to the basement
ความคิดเห็น:
gold, silver, stocks, crypto, all dumping today , so im out, nothings going anywhere until the usd has a blow off top, then we can think about going up again, but it could literally be btc under a dollar by then
ความคิดเห็น:
bought that, im not touching anything else cos short squeeze on usd denominated debt, i think almost everything else goes to the floor on a parabolic dollar move up to silly prices,
ความคิดเห็น:
could still be this count, didnt really go low enough to be a full correction so may be a sell there somewhere.