Bullish continuation
ที่อัปเดต:
Desciption chart setup:
- Possible short formed W (RSI trendbreak confirmed 4h)
- Descending triangle formation for a possible wave 4 (Retracement fib target reached 0.382)
- Target box laid out in chart
- Possible short formed W (RSI trendbreak confirmed 4h)
- Descending triangle formation for a possible wave 4 (Retracement fib target reached 0.382)
- Target box laid out in chart
บันทึกช่วยจำ
Setup depends on bitcoin's price action, keeping a close eye on the formation of a possible wave 4บันทึกช่วยจำ
Bitcoin just pierced the 0.5fib retracement. Official invalidation at $68754.บันทึกช่วยจำ
Bitcoin easily broke the 0.618. Possibilities for bullish continuation just increased. Reassessing new wave count.บันทึกช่วยจำ
Invalidation for more downward pressure at $64512.บันทึกช่วยจำ
Broke trendline. Looking impulsive with volume.บันทึกช่วยจำ
Still indecisive whether this is corrective or a finished wave 3. Wave 3 did hit the 1.618fib level. Invalidation level at $6.836.บันทึกช่วยจำ
My main scenario a wave X, perhaps a larger triangle. บันทึกช่วยจำ
Breaking $6.821 will lead to lower prices.บันทึกช่วยจำ
Keeping this BTC scenario in mind whilst eyeing NEAR's price action.บันทึกช่วยจำ
Potential subwave B completionบันทึกช่วยจำ
A bit of speculation. RSI does not yet support a triangle.บันทึกช่วยจำ
That escalated quickly! Wave Y started sooner then I hoped..บันทึกช่วยจำ
This was bound to happen at some point, but when it hits it hits HARD. Hope everybody executed their trading plan. This correction can be very quick and deep.บันทึกช่วยจำ
Remain short-term bearish unless we break $5.758.บันทึกช่วยจำ
Adjusted count to one more leg down.บันทึกช่วยจำ
Update. Based on the current corrective structure, I forsee one more low for a finished wave Y/wave 4 (minuette). However, there is a clear invalidation level at $4,026, that makes it unlikely to touch the 1.236 & 1.618fib. Unless ofc this is not a wave 4. For the low to be in a double bottem (or truncated 5th) will confirm bullish momentum.บันทึกช่วยจำ
Would be suprised if NEAR would follow Bitcoin's price movement and break out to the upside.บันทึกช่วยจำ
Low might be in for Bitcoin.บันทึกช่วยจำ
Previous chart was incorrectly labelled. The ending diagonal appears in Wave C of a zigzag. Wave 3 is shorter than wave 1, wave 5 is shorter than wave 3, and wave 3 is shorter than wave 2.บันทึกช่วยจำ
I retract my comment from the 18th, because I do see a possibility for NEAR to have bottomed.บันทึกช่วยจำ
Focused to much on the smaller timeframe. Expected a potential wave 4. However, wave 4 got invalidated (diagonal seems far fetched) as well as varies ABC structures. A 1-2, 1-2 setup might now be possible, but I can't rhyme this with Bitcoin's chart unless BTC lifts off.ปิดการเทรด ด้วยตนเอง
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