TA Post: BTC Elliot Wave

[Anonymous No.25818932]

Ok muggles, this assumes you know the basic of waves. We have a clear 1-5 elliot wave with some of the things that help verify the overall structure. Big one
>Rule of Opposites
>>Wave two is longer and less volatile than wave 4, which is very quick and sharp.
We should now expect an ABC correction and most of wave A is done. The target for wave C is the broad area within Wave 4.

There is always fud. The news cycle will just blast the most recent fud as the reason for the drop. it isn't because of Tether or some other bull shit, the wave was just completed.

This wave 1-5 and A-C will be the 1 and 2 waves of the higher time frame fractal. Which means we will be getting ready for wave 3, which hopefully will be the most impulsive.

I got about 30m to hang with you guys before my sleep meds kick in and I jerk it to my gains and go to bed.

[Anonymous No.25818994]

>>25818932
where do think B wave gets to? I'm thinking around 38k

[Anonymous No.25819152]

>>25818994
Some shit like this. Take your short if you wish and just make sure you don't get retarded with the margin and you will be fine. If price goes above 5 then we know my Elliot Wave count was wrong and take the L.

[Anonymous No.25819296]

I sold ať 40k drop. Should i buy back? Im fit brainlet

[Anonymous No.25819380]

>>25818932
Waves a, b and c should be proportional to the size of impulsive wave. We are going to at least 20k

[Anonymous No.25819439]

>>25818932
EW is a fucking meme but u should know that's not the count. the count is wave 1 11k - 19k wave 3 19k - 41k, we are at the end of wave 4 right now.
wave 5 of these kind of moves is always the strongest, btw.

[Anonymous No.25819469]

>>25819296
Go back to lifting weights or whatever, it's better for your health than buying crypto, trust me

[Anonymous No.25819523]

>>25819296
If you sold there you did a good job mate. We are going into alt season. Link is at multi year lows against eth and btc so that is a good bet for value investing. ETHBTC is in a massive inverted head and shoulders which suggest the bias is ETH over bitcoin for over the next year. XMR is lagging ETH and Link but eventually it will go nuts as well.

my personal plan is to have my bulk in Link and when it pamps watch XMR for its break out and use Tradingview to watch the xmrusd/linkusd combo to time my jump from one rocket ship to the other.

>>25819380
Literally impossible. Review your basics, we end in wave 4.

>>25819439
You could have posted a real TA image but you have dick on the brain, you Godless faggot.

>>25819469
Investing is fine, trading is not.

[Anonymous No.25819820]

any thoughts on where it goes after the abc correction

[Anonymous No.25819960]

>>25819820
Bro you are killing me. I told you this 1-5 and A-C would create a wave 1 and 2 so we should be expecting wave 3 on a more macro timescale.

Do a fib extension and report back with your own targets.

[Anonymous No.25819992]

>>25818932
>elliot waves
Lmao

[Anonymous No.25820079]

>>25819960
from 16k to 42k the first fib extension is 74k.
hmm interesting i think it revisits the 20k lows first. just figuring out my buyback point. maybe i'll start with 20% at 30k or something, worst thing is buying back too high.

[Anonymous No.25820101]

>>25819523
fuckin retard, kill yourself

[Anonymous No.25820180]

>>25820101
Nigger link and eth are going to rape btc, do some TA in those pairs.

[Anonymous No.25820253]

>>25819960
How long you thinking til wave 3?
When does link moon

[Anonymous No.25820277]

>>25820253
Link moons within weeks.

[Anonymous No.25820313]

>>25820180
Lmfao

[Anonymous No.25820320]

I cant believe there are mouth breathers like OP. Who writes a retarded OP like this. The i dians are bots just write three words and r9k can't stop posting reddit frogs and talk about there unimportant personal feelings, but filtering "I think" and "imagine", and 90% are gone.

But this heap of shit of an OP. Mods perma banis toogod, dox this retarded redditors IP. I send him a swat right away

[Anonymous No.25820321]

>>25820277
My man

[Anonymous No.25820378]

>>25820320
Bro just diversify instead of being hateful.

[Anonymous No.25820391]

>>25818932
I took profits at $40k but then bought back in at $37k when I saw the insane volume, which was a fomo driven mistake. Should I expect another rise up to $40k or so and then switch it all into ETH?

[Anonymous No.25820407]

I do a lot of eliott wave and I can tell OP you're a fucking looser

[Anonymous No.25820462]

Yes OP needs a swatting and a bullet to the head

[Anonymous No.25820464]

>>25818932
nice post op thanks for the insight

[Anonymous No.25820557]

>>25820407
>>25820462
>>25820320
fuck you