thekevin

thekevin Updated 

A possible bottom could be in for BTC. It could still go lower somewhere in 2023 but I would expect a multi-month 5-wave to take the price higher first. Also we have a massive multi-week bullish divergence on the RSI. If it did a 5-wave up then come back lower it would = ABC + X + ABC = WXY. (I'll post an example below). Remember this is a weekly chart so we...

thekevin Updated 

I believe we are in a wave 4 and still have 1 last move up after this correction is over.

thekevin Updated 

I believe this is the top area of the (macro) wave 3 on LunC. A lot of people are gonna be angry with this call. Also, wave 3 is generally the most parabolic wave so it would be very dangerous to listen to a top call. I don't know what the opposite of 'catching a falling knife' is - but this is it. This of course means we are still waiting for a wave 5 though....

thekevin Updated 

Following my last post; I was waiting for a short term pull back. That time frame has now been fulfilled and there is now a viable ABCDE wave 2 retrace. This of course will only be confirmed with a break up and out of the top trend line. This is not guaranteed. The triangle is a symmetrical set-up which means market indecision. It is neutral and has a 50% chance...

thekevin Updated 

Looks like a 5-wave minor 1 has been completed. Probably a "sell the news" event due to staking being re-activated. Expect a pullback now for a week or 2 before the next leg is kicked off by the on-chain burn tax news. (I was unsure of the actual wave 2 minor ending which is why I have marked out the 2 possible end points - not that it matters or affects the...

thekevin Updated 

Invalidated below roughly $23,480. As usual no time analysis has been done here and the trajectory of the meme lines are purely conjecture.

thekevin

Subwaves 1/2 of larger 3 look to be in and primed for wave 3 take off. Invalidated below 0.00001215 area.

thekevin

Still expecting a 5 wave structure to hopefully crash into the overhead resistance of a meme line. Following my last post, we require the current 'wave 3' to finish then a wave 4 pullback. BTC dominance looking poor so hopefully alts can far exceed and we can get that alt season we spent so long waiting for amirite?! No timeframe has been harmed in the...

thekevin

ETC was a market leader for a while so it makes sense for it to top out before everything else. Money made from this on the way up will also roll into other projects as well. Looks like we've done a 5 wave impulse that has ended. The RSI of the 5th wave was higher than the 3rd but not by much. Close enough to call it a 'double top' - same with the price action. I...

thekevin Updated 

Currently looks like btc has finished a downtrend with a truncated corrective wave, into a wave 1, then a (bullish) abcde wave 2 correction. What would follow is a wave 3 and 5. I do believe we go lower after this which is why I'm calling it a 5 wave X wave and not the bullish minor waves of a larger wave 1. It may take some weeks (month or 2?) to finish the X...

thekevin Updated 

In the short term, the Luna top is in. If this is an impulsive wave it will probably go to at least the .786 (probably lower). Corrective waves can also be 5 waves which means it could make a lower low if btc goes down.

thekevin Updated 

Could simply be at the bottom of a channel here. If we break much further down then I'll call it invalidated. Let's not get bearish at support and bullish at resistance like everyone else just yet!

thekevin Updated 

Use Waves (and maybe Zcash) as a guide for your other alts as these have led the charge. Be mindful that any slower moving cryptos may get left behind if they take too long as BTC will be sure to ruin the party sooner or later. Waiting for a daily bearish divergence to clarify the wave ending. Looks to be somewhere in a wave 3 right now.

thekevin

This is probably the cleanest wave 1,2 out of all the altcoins out there I have looked at for this small Alt season we appear to have before us. Remember to take profits in a few weeks though because I see BTC potentially having a steeper correction after this short term reprieve.

thekevin

Following the price action since my last post on the macro outlook ( ), this is now my primary count. Currently waiting for a minor abc up which will be the B wave of a final abc down. This would be a macro 5,3,3 wave four correction. Doesn't mean to say that the other counts I had laid out can't happen. I'm simply putting more weight on this specific count. The...

thekevin

Long awaited. Let's hope it isn't a false break! Worst case I would want to see is a retest of the downtrend line.

thekevin Updated 

Raw and messy with all the lines left on. Take from it what you will!

thekevin

Hex is now coming up to an apex between a shorter term descending wedge in a greater symmetrical triangle. It's also currently sitting on the 0.618 of the most recent wave. Expect movement soon! Looks more bullish than most of the crypto sphere.