$MATIC, another coin that looks ahead of BTC and the others. The volume on this bounce is just amazing. Too amazing for a B wave. I'm assuming ABC is over. Will post ODIN ZONES when BTC gives more clues. I hope you caught the Loki Zone! This one is looking good.
$SOL is a bit like FIL and MATIC: Feels like the ABC is done already. I can't find a reason to think otherwise. I have not identified an ODIN ZONE because the ideal entry is already behind us. I will try to follow up when BTC makes its C wave down.
$ETH Identified THOR's HAMMER for ETH as well as the ODIN ZONE. Interesting about this zone its the last rampart before we break into wave 1 (last ATH from 2017) These targets are loose targets and we will need to pinpoint entries. Look for the ranges as opposed to specific prices.
$BNB I think the majority of coins will follow Bitcoin with a big more price action. I've identified 2 shorting zones. One is THOR'S Cloud, and the other is above it at the .618 fib range around $510. I've also identified the new ODIN ZONE for when this correction might end in the mid $100s. These targets are loose targets and we will need to pinpoint entries....
How many of you didn't believe we'd go there? Now it's time to be bullish short term....
I'll admit BTC is playing its fiddle to my BTC Bullish count right now, but something tells me to remain bearish. Lets see how it goes. All info is on the chart! Trade safe, and don't forget to protect yourselves with SLs.
This is the alternate bullish count I'm following. With a crash like we had the other day, which I forecasted on April 24, I needed to contemplate a bearish scenario. I'm still confident that this bull run is not over, this is just a retracement. I figure we retrace kind of deep for wave 2 very soon with some chop. Then get a bounce with a decent wave 3, a narrow...
The CME gap is forcing my hand with this count. Having gone down slightly below 30k, we have no choice but to take into account the CME gap around 25k. So after a nudge back into 50k territory for Wave B, another sharp drop to 25k (another rug pull for shaky investors) could play out. It would force a major rally after that, and probably extend the bull market...
This bull run is far from over (Lack of divergence on oscillators), but we need to correct at some point (The 2D RSI is sitting at its lowest point ever at 10.5. ). Which means: Bitcoin will go down and alts will go down even harder. It is just a question of time before we retrace. The Bull run will resume after this correction :)
I pity those who bought the top. I'll be buying the blood if they sell in the Odin Zone. Buying the 0.786 region and a previous bounce area.
At this point I'm fairly convinced that REN has finished it's correction. Like a lot of coins, we need to start looking for breakouts when BTC bounces around 38-40k.
Chart says it all really. Questions welcome!
The first zig zag (A) down from 3.81 was pretty violent and retraced the full .618 and then some. I feel like the dip isn't over until we hit the .786. BTC's final move on wave 4 could coincide with the end of this correction and the bounce could be massive. I'm setting the Odin Zone for this coin between a previous resistance and the .786. It also coincided with...
This is a classic ZigZag correction and we can clearly see at least 3 waves in C. If this plays out, it could lead to huge gains.
There is a parabolic feel to this coin which I'm charting for the first time. Lets see how this plays out.
ETC hit the Odin Zone on the last crash (as many other coins did). I don't expect the correction to be over for this coin just yet.
This could be the moment we've all been waiting for. The volume is rising, the bounces were violent. If BTC cooperates, this could moon big time.
Wave count is done with high confidence. I might short the top if I can find a decent moderate risk entry. Don't forget to place your stop loss to a level that's acceptable to you.