NotGemini

NotGemini

Just posting this so i can come back and press play

NotGemini Updated 

Look boys, the move up has been corrective... i know, i know "the shorts are at an ATH" but what can i say these levels have been holding and we are looking over bought if you don't like it Counter Trade me here www.bitmex.com

NotGemini

Since BTC broke out of the downtrend channel we have continued to push up higher while heavily respecting the new uptrend channel - our target for this move up is The pink box you see highlighted on the chart which was determined by looking at key resistance levels along with low volume wells on the VPVR

NotGemini Updated 

Looking at a BTCUSD -0.58% chart and USDBTC chart to help overcome any bias seems to show that BTC -0.58% MIGHT be forming a triangle here Looking for us to hold this zone over the next few days - I think we might hold because this is a massive demand zone, and for the move up I see the descending trendline as where we get rejected I COULD BE WRONG -...

NotGemini

Couple things happening here 1) ADA found long-term trendline support 2) Bullish RSI divergence on higher time frames 3) Completion of what appears to have been an ABC correction, confirmation comes for the bounce off of the .618 fib extension of A as well as the bullish...

NotGemini Updated 

let's see what happens comment if you have any questions

NotGemini

This retrace took long enough to start, I believe we are retracing the move from 6600 to 9700 so the correction should be relatively significant i'm thinking 8k but it doesn't HAVE to go that low 8500 would make sense too

NotGemini

There are two ways i think that this could play out, Option B seems a bit more likely to me at the moment. Also this projects pretty far i highly doubt the move is gonna be this clean changes will definitely need to be made over time but for now this is what we got.

NotGemini

This is a monthly chart. For all the trauma that BTC induces this makes everything seem so simple. I included the fibs just to help give a better idea

NotGemini Updated 

_____________________________________ At the most basic level there are only 2 possibilities 1: we are correcting down 2: We are impulsively going down ____________________________________ If option #1 is correct then extpect a strong continuation downward indicated by the Blue wave count If #2 is correct expect a continued move down on fading momentum indicated...

NotGemini Updated 

As you can see from the quote we know exactly what will happen. Don't take my word for it though I provide you guys with the infallible word of my source.

NotGemini Updated 

This is just an update to the current move that we've been in, I wasn't sure about this being a diagonal but seeing how the channel held in this recent drop i'm thinking that it might have been the case after all The other chart where i'm discussing the RSI divergence is also suggesting this type of move so either this is confirmation bias on my part or we have...

NotGemini

_____________________________ Idea: We have HEAVY bullish divergence on the RSI and a good target for the 1.618 to be the end of wave 3 _____________________________ Warning: we did hit the 1:1 extension of 1 and immediately corrected from there, I am assuming that this was only a subwave of 3 rather than the entire wave but i could be wrong on this point...

NotGemini Updated 

Alright team, we got ourselves a nice little channel that has been pretty nice to us... but that bearish RSI divergence is popping out telling us to expect a drop in price. __________________________________ I see 2 scenarios 1: we begin to move down and the channel acts as a support and we stay inside of it 2: we break the channel and then move down a lot more ...

NotGemini Updated 

For waves that occur over long periods of time looking at a normal arithmetic price scale lacks the ability to normalize exponential growth. Under these circumstances, by looking at the logarithmic scale we see a different perspective on how price has been moving. This also makes it easier to plot waves. ___________________________________________________ Here's...

NotGemini Updated 

We got a level right around 8250 that we haven't hit yet, i think that we will hit it and get rejected off of it. Then for the move down we pull a fib and use the .382 and .5 as take profit levels. After that I am looking for a continuation of the move up but chances are that i will wait for price to invalidate a few bearish scenarios before taking positions. Also...

NotGemini Updated 

Starting from the last significant correction that BTC had, we moved up for over 2.5 years so my assumption is that a 4-month correction is relatively short. Instead, it wouldn't be absurd to assume that we are far from finishing this correction. With that being said in terms of Elliott waves, this correction has already retraced a significant portion of the move...

NotGemini

On a bigger timeframe, it looks like we are forming a Contracting Triangle. These will generally have a .618 relationship with one pair of internal waves or more. Currently, we have already had the relationship occur once, meaning that it doesn't HAVE to happen again. However, assuming that it does we have a good idea of where things are headed. I Included another...