williamdas

williamdas Updated 

Been watching this one for a few weeks, I expect further downside after these clean moves up for a year and a half Always open to alternative ideas, always a dozen separate count possibilities

williamdas Updated 

You can probably count this a different way, but I believe the current yellow situation is likely - if not then red situation. there are alot of running flats, no matter how you count it.

williamdas

Next few weeks will probably correct upwards, invalidated as an impulse but it can probably still rise some. This places it around the .5fib and the top of the channeling.

williamdas Updated 

I'm hoping this is an extended 5,3,5 wave pattern forming a triangle

williamdas Updated 

Look at may, look at now - It's a possibility we just locally topped below a what would have been a comfortable 50k, Eth at the end of an Impulse - it just doesn't look too nice - US stock market close to the top aswell, gold felt a crash ect

williamdas Updated 

The end of a impulse 5 offering the short! use stop losses this could be the fake out before the dump. Wave 3 may not have enough strength to continue into a 5 with all this NFT business. It's gonna crash when they fear losing half their earnings that have been rising since sale! Check my previous btc post

williamdas

I'm sure most of you know that we are definitely going up for the near term. If you are unaware of how somewhat Elliott wave alternation with Fibonacci, its basically alternating measurements to form full 1:1 balances in forces when added together. (Example being if #3 wave within a wave 1 impulse is extended and measures to .618 of the full structure, then the...

williamdas Updated 

If it breaks 37200 before turning into w 3 impulse we go down

williamdas

One good trader on twitter pointed out a bull flag in the making, my count is slightly different still yields the same results. Should be a good short from the 50$ area It definitely does hurt my eyes to see how small yellow wave1 is, but it does fall true to the count of Elliot

williamdas

if this is to go up , it will bounce on lower yellow line. If it doesn't bounce it will count as a "throw-over." I drew yellow lines from Bollinger band and an Ichimoku shelf, center yellow line is the Basis This is either going to fold into a correction or continue to 50,600 in a wave 5 impulse as a part of the third wave. my previous posts from the last few...

williamdas Updated 

Watch this one tomorrow, could be an expanding pattern/diagonal which usually precedes an ABC correction up, then maybe further downside. This would invalidate the 12345 and turn it into a more complex correction I am long and bullish on this stock in general - but pure price action in the general market will probably dictate whether this goes up or down. If it...

williamdas Updated 

Don't get caught full risk on! Massive hedge opportunity if you accurately figure out the top of this wave.... because if it falls enough below a high entry literally just sit with a stop loss to 25k in the event that this is the end of wave B (c) .

williamdas Updated 

So, think this shall be either an expanded or standard flat. I'm 99% sure that's a running B wave and C could be over, which means impulsive week. alternatively this could breakdown - as the wave 3 of wave 3 has yet to go above the resistance in the pattern and could become an ABCDE, leading swift downside during the next few days. Probably a hint towards the...

williamdas Updated 

we reached the end of C, needs to break resistance here on LTF to become a wave 3

williamdas

up pls fib range is based on length of w1

williamdas Updated 

Elliot waves notes .618 of entire structure lands about 22-25k if current red C begins from 41,500, and if the purple subwave c is the same size as the a , started at the end of b , a 1:1 fib ratio would land it about 22,400 Perhaps yellow 5 gets truncated at old ath, but unlikely due to visible strength in the psychology of crypto markets, measurements...

williamdas Updated 

still new to the guidelines but looks good soon, or (II) retraces more

williamdas

3,4,5 waves before (III)