This should be about it... It may try again lower, but I expect a shot to 100 or more first. This was always as possibility. We almost made it out of the pit last time, but we got pulled back for one more. Based on previous support from last time we were in this area. Measured move. Hopefully the last one.
Basically a repeat of Monday's fractal of this triangle. A lot of Bears could go hungry today. This is the minority report. Check out my live stream at 8pm PT where I go in to more detail and will take questions/requests.
One of the most controversial cryptos out there. Either you love it, hate it, or are new to the space. Purely objective analysis of the structure shows remarkable similarity to BTC. The overall retracement is not out of the range of accepting this long term view in my opinion. The fact that it has so much emotion around it almost ensures some level of success...
Quick update to show the triangle. Bullish ascending bottom flat top.
Something is coming soon... I can feel it. The last chart was off because of that gravitational anomaly between 93 and 99, and the fact I started at the wrong point. This is closer to the right count I think.. Still a bit fuzzy, but I think next vert wave incoming..
Still a lot of soul searching going on out there. What does your gut tell you? Make sure you fed it recently or it will lie to you. This is just to get your mind going... I will update when it looks like a side has been chosen.
I think this is what we are looking at. Wanted to shoot it out really fast just in case. Sorry so messy. Could still reach higher, but i think we are done for today...
Several factors pointing to this possibility. Inverted H&S, Ichi Cloud, Retrace towards previous high, ...
Last night's call worked out just about right. Here is what I see for tonight. Quite possible that it continues downward to 80. Time may take hours to days/weeks. Feels like it will wrap up sooner than later though. Still long term Bullish.
Looks like a nice temporary reprieve. This won't last and may not make it all the way... Or is is just the beginning of recovery? We shall see... I think this count is nailed though.
I am still an amateur at this, so feel free to correct me if this looks stupid. I actually made the first version as few days ago and it has been playing out nicely with the levels, just taking longer than initial projection.
Elliot wave and pitchfork eyeball best guess by a noob.