CryptoKnee

CryptoKnee

do I know exactly whats going on here?, not really, Do I love this count?...NO. I do know the sector is getting slaughtered RN and any bounce is dumping pretty hard. Will I trade off this chart, yes, but will less capital at risk. Gut/greed is telling me 10$ but..I do have a count that goes to 4$. I also see some geometry here where we may bounce a bit. Gaps...

CryptoKnee

$apha update...in the green zone, blasted through 4$, not going long, still short, looking for a reaction here. Also at a pretty BIG S/R after this...could get ugly...Time will tell.

CryptoKnee

read the other post

CryptoKnee

ill be the 1st to admit, the 1 of the E is not a super clean and convincing impulse, and there could be other counts. Ive been shorting since 4$ in and out and this count has been working for me B A utifully, do what ya feel.plenty of technical reasons to thing the 5 is in on this count...between here and 1.50 possible bounce MO...im still short.

00:12

CryptoKnee

Just working on a count, thought this was interesting, yes ive been drinking, prolly dont mean nothing, may take a bite but its definitely in dangerous knife doping territory MO...$$

CryptoKnee

bull: bounced off a potential smaller degree 4, potential for a 12,12 scenario then moon for 3. Bear: abc Channel played so far, 1:1 of a:c ish, the last intraday move looks a bit 3 wav and bounced off .5 and S/R.. sick of typing

CryptoKnee

possible count, eyes on 4$

CryptoKnee

dont feel like typing all the possibilities im thinkin...so id say unclear...POI is the median line of the larger channel, and the daily s/r with the 5th projection, green box

CryptoKnee

clarity needed, some sus activity but somethings adding up, the current retrace should add some clarity circle is wth, but nice impulse after c or 3 mo...bigger picture, maybe abc done and down, maybe 1 more kick to finish a 5 then down to new low.....maybe 12,12....shrug

CryptoKnee

ETH daily log, possible bear the tringle b is not my fav, but would clear up the PA after. the end of the day im thinking abc and not impulse, break of 200 would constitute re count. gotta drop soon and hard to give this count any credence. chop ath means big move a coming

CryptoKnee

says it up there, multiple counts, as i get more information counts may change depending on tf

CryptoKnee

possible monthly counts

CryptoKnee

So much sideways. youtu.be Some many sideways counts it could be, or the correction is over and moon bound... either way, btc needs to get up to the .9 retracement, per EWI, of the A/W wave pretty quick here to keep the sideways counts on the table, my opinion. Got a slight rise in vol.

CryptoKnee

In a multi ZigZag WXY sharp Combo, W and Y must be simple ABC ZigZags. If you think we are in a 4 of a larger degree, this is going deep for a 4. But this chart has a much better "right look" to it. A lot of this count depends on the next pivot , if we turn soon to head down this is a pos path. Usually, W:X = .382 to .50, W:Y = 1:1, A:C = 1:1. and some other...

CryptoKnee

this count is getting less likely, like i dont like it, the Y (a) wave is just as big in price as the whole X wave and now this "B" is making this Y seem to be not of the same degree of the X... bottom of list.

CryptoKnee

this is looking less and less likely, barring the count leniency allotted, lots of big words, ZZ are supposed to be sharp in price...we particly Paul Wall at this point... keeping this potential on the list, but its near the bottom of said list, MO.

CryptoKnee Updated 

Another possibility is a Leading diag A of ZigZag, maybe unlikely but just in case, going off of right look, triple ZZ are rare AF, measures and channels dece, that said 3 may could be other ZZ fam, inval at 7k, 5 cant be > than 3. Or its not a LD

CryptoKnee

Pos wxy sharp 2x ZZ. The X is deeper than the usual and the Y (a) wave is as big as the whole W wave when the X:Y 1:1 is most common. The most common projection for a C of a ZZ is 1:1 A:C, then 1.272, 1.618. eyes on 7k-6.5k if not deeper