Chart is self explanatory.
Bull calculations if B is breached are as follows:
V=4828
N=5119
E=5466
possible rejection
NT=4772
(NOTE)
We have breached B.
Wave structure says this is an E wave.
I expect our E target zone to be hit
Bull calculations if B is breached are as follows:
V=4828
N=5119
E=5466
possible rejection
NT=4772
(NOTE)
We have breached B.
Wave structure says this is an E wave.
I expect our E target zone to be hit
Note
We have hit our first price target, NT.If you are feeling conservative or need a little beer money for the week you can take a portion of your profit.
Note
We have hit our second price target, and surpassed it.Note
V and NT price targets both hit and surpassed, let us see if this level of interest and bullishness continues to carry us to our N calculation target.Note
ETH has really been loving these V and NT price targets, been flirting with them for quite a while. ETH will make up its mind with confidence and we will follow.Note
We appear to have broken free from the V and NT price range and are making pushes to new local highs. N target likely on its way.
Note
Back down to NT. Things are looking bearish for btc when looking at the wave structure on smaller timeframes.Also I of course meant to say BTC in my previous update above, not ETH lol. My mistake.
If the red hadn't already scared you enough to take profit it might be a good idea to close most or all of your position and wait for some confirmation of where the market is wanting to go in the near term. I still feel good about my price targets but we should always feel good about locking in profit. No sense in holding onto a trade that is profitable already when there are hints of downward movement to come.
Happy trading.
Note
Things are starting to look promising for btc.Note
We appear to have hit our N price target. Start breaking out the good wine.Note
We are nearing our E target.Start celebrating.
If my advice helped make you a little cash and you're feeling generous, donations are welcomed and appreciated
BTC: 363sDXLXkV7tm3pJmK2mLTDZjdTANbiA4A
ETH: 0x4c1aA87252e31C2552248b3561c9dBef7E21C7Fb
LTC: LeUKche2Mz51tNG4jmTj2LkufkNUd4DpFm
Thanks all and happy trading.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.