InvrsROBINHOOD

InvrsROBINHOOD

I have been following this fractal for a while and updating it with $SHIB's price action periodically. Seems to be following a similar path. I expect the green box to be a nice zone of demand for $CRO, I will be longing from that point.

InvrsROBINHOOD

The Ethereum price action went through a similar consolidation pattern in it's 4 Wave as what Bitcoin is experiencing now. I set the top for Dec 31st this year to see how things would line up. Fractals don't overlay perfectly but they tend to rhyme.

InvrsROBINHOOD

Elliot wave theory normally states that the 5 wave can often be the same size as the 1 wave OR the 3 wave. By taking a bars pattern from the 1 wave that formed in 2019 it gives a price prediction of ~180k in the end of July - early August. 140 days until we breakout of the triangle if price action decides to follow this fractal.

InvrsROBINHOOD

Im not too strong at finding time horizons yet, but I was playing around. Bitcoin's cycles regress by 36% each cycle and last longer than the last. I think the most important note to pay attention to in the piece is the volume of each cycle, this cycle is not finished.

InvrsROBINHOOD

The Fibonacci extension targets were created from the 2011 retracement. It seems that the X.618 levels act as the mid cycle resistance, with a wick above but a candle body close below. As soon as they are cleared the next level to mark the cycle top is the X.236 levels with a wick above and a candle body close below. This pattern repeats with the 2013 cycle as...

InvrsROBINHOOD

I think we have completed a "Double Irregular Flat ABC Correction" for $BTC. The B wave was a little higher than the A wave, and the C wave has currently passed its minimum (At least 61.8% of the A wave) and touched the 0.702. Majority of folks were targeting more downside and I guess that is the whole point to a Irregular Double Flat.. it's meant to chop people...

InvrsROBINHOOD

The bars pattern (In red) has been taken from $CRO and been placed over top of $XTZ. Interesting how well it is following it so far.

InvrsROBINHOOD

$LUNA looks to be topped out at the moment, I could see it going higher later to finish the cycle. As for right now, it looks to have a full 5 wave count, Im looking for a rejection at the 0.702 fib and a bounce later at $41 (0.618) or $22 (0.786). Good luck everyone!

InvrsROBINHOOD

The prior cycles depict zones of resistance in the following market cycles. The 1.618 acts as the first mid cycle resistance zone, with the 2.272 following as the target for the cycle top. When the market retraces to start the bear market, it roughly finds support on the 1.618 to mark the bottom.