odshlomo

odshlomo Updated 

I got this concept from EuroMotif and his amazing research on fibs. I'm putting this here to see if I nailed the concept. I took the top of bitty and plotted an impulse down. I also marked some fib pings along the way. Based on his concept, there should be a major reaction once it hits the zone I've marked as the impulse, particularly the impulse core around...

odshlomo

I decided to do btc next on this fib retracement idea. It follows the same pattern as the last idea, where the old fib lines from the 2017 impulse are in white and the new fib lines from the 2020 impulse are in blue, with arrows showing the pings from the recent bull run on the old fib lines. There was a 2x fib again in the 17k area and a near 2x fib as well in...

odshlomo

Shout out to EuroMotif for introducing me to this concept. I decided to try this out after looking at his work with fibs. I made fib retracements from the big moves in 2017 and 2020 to compare the lines from each period. The lines in white are from 2017 and the lines in blue are from 2020. The amazing thing I noticed is that the price from the 2020 impulse, as...

odshlomo

I'm now adding in MACD and candlesticks into my analytical process. The trend lines I drew in the December breakout were done after the fact. The ones near the top of the wave were done a couple days ago. From what I see now, Bitcoin is finally correcting from this major rally. If tomorrow is a bigger selloff, then I see three black crows signaling a bearish...

odshlomo

This is just me practicing doing wave counts.