tepmoc

tepmoc

We been consolidating for over 9 months, wave4 retrace 0.5 (0.0018) become strong support at this point. Now can be used as soft stop at this point. Shall we break above peak of wave3, 1.272 target around 0.0035 and 1.618 around 0.0043 will become zone of interest for wave5. We simply revisit peaks from 2021 and can form whatever double top it is.

tepmoc Updated 

CRYPTOCAP:OTHERS setup very much same to CRYPTOCAP:TOTAL3 only difference is level of wave4 retracement - 0.62 compare to regular 0.5 on TOTAL3 that is more common for wave4. But consider that OTHERS consist more meme coins its no surprise it have deeper retrace. Both wave2 and wave4 completed same sized wave correction. But even with such deep retrace its not...

tepmoc

NASDAQ spread between M2 supply almost reached levels we not seen since 2001. Almost like double top or sqeezed top wave5 (1.105 level of whole range as max target). Couple months may give us clue, as usually these extreme levels suppose to reached very fast if we close to real top.

tepmoc Updated 

INDEX:BTCUSD This is continuation of previous idea which traded from smaller TF as part of paid stoplosess for current bigger 1D trade. We finally revisit support after completed waveA(1). And we got proper signal for range entry. Using CME futures chart give more precision or as additional source of truth, since it doesn't include bars from weekends. We must...

tepmoc Updated 

Should we not hold 16K-18K, we got straight into 10K, more big liquidation from big projects can fuel that, otherwise 61% absolute retrace should build some ground, before dumping to retrace 76% if no interest appear. And ETHUSD on 1W looks close to 85% with weekly countdown finishing which is typically what you expect end of major move. In case bear setup...

tepmoc Updated 

Futures for december 2022 WTI on monthly charts complete cycle with TD Combo 13(current bar not showing number). Weekly chart already have textbook structure on wave5 extened with on projected level 107 and hitting combo 12 Daily chart have price validation with waveA correction and can be traded as range with 61% retrace level at least for entries, stop around 113.