Bullish continuation

23 de abr.

Description
- Potential last wave down for a finished leading diagonal for a wave 1/A.
- breaking 0.886fib will increase this scenario.
- If so, looking at a CKB price below $0.018 before starting wave 2/B.

23 de abr.

Nota

Touched the .886 at $0.018542. Probabilities for this scenario increased.

24 de abr.

Nota

For the record, the fith wave of this ending diagonal could be truncated. A zigzag has potentially already been formed. A five wave impulsive to the upside could confirm this.

24 de abr.

Nota

Possible wave B

24 de abr.

Nota

Broke multiple trendlines (chart, RSI 1h). Waiting for confirmation for the low to be in. As mentioned, truncated 5th is a possibility.

24 de abr.

Nota

Updated chart.

25 de abr.

Nota

Just made a new low. I.m.o. looking at a complex structure (wave Y).

25 de abr.

Nota

Update on Bitcoin_v0.1. Next move bitcoin could give us much more information on its trajectory. Expect a wave C (5 waves).

25 de abr.

Nota

A potential low might have been formed. 1.618fib ext for a final wave C at $0.016883.

27 de abr.

Nota

Update on Bitcoin_v0.2. ABC turned into a 1-2-3-4-5.

28 de abr.

Nota

This could be the start of wave 1/B. Have wave 5 finished as a WXY (double zigzag) pattern. Feel free to comment or ask me anything.

29 de abr.

Nota

Take notion of 3 possible Bitcoin scenario's:
1) double zigzag for a potential wave 2 (bearish/bullish)
2) double zigzag for a potential wave Y (1.618fib at $57087) (bearish)
3) leading diagonal for a wave 1 (bullish/bearish)

29 de abr.

Nota

Update Bitcoin_v0.3. Finished wave 1? (RSI bullish divergence w5, 4h)

30 de abr.

Nota

At the moment CKB is looking pretty dire. Expectations for a leading diagonal turned sour. Current scenario a WXY pattern (double zigzag) with a potential X-connector being finished (3-wave sequence). 1.38fib cross would confirm this. The Y move hereafter could bring us all the way down to $0.008.

1 de mai.

Nota

Some simple trading perspective on the market.

2 de mai.

Nota

Reassessed the Bitcoin chart and this it is currently my best guess in terms of getting ew count right. Don't know if anybody else has this count, but feel free to comment.
X wave is done and we're in wave Y.

4 de mai.

Nota

Similar type of structure. Still leaning towards a C wave.

6 de mai.

Nota

Here are some price targets for a 5th wave (assuming the low is in). Made some channeling & ew adjustments. Can clearly see that we're still moving in the base channel (minute degree). Can be considered a corrective structure or a potential wave 1 (minor).

6 de mai.

Nota

Update Bitcoin_v0.4. Classical indicators show a short-term bullish narative. Expect some price expension soon.

7 de mai.

Nota

Possible B wave. Got 5 waves down for a wave 1.

14 de mai.

Nota

CKB shows a potential sign of relief, but after which, probabilities are higher for more downside, bc we haven't seen any impulsive move upwards.

18 de mai.

Nota

Bullish divergence played out nicely, reaching both resistence levels as targets. Counting 5 waves up, supported by MACD/RSI(1h). MACD(4h) is looking good. Retracement might reach golden pocket before price continues upwards.

20 de mai.

Nota

Current price action can bring us to $0.01786 and $0.01861 (ABC) and to $0.0199 for a w3. If we break 0.1861 then MACD(1h) needs to make a HH. RSI(1h) looking good breaking resistance into support.

20 de mai.

Nota

Potential pullback for a c-wave.

28 de mai.

Nota

Reached c-wave target at 1.23fib yesterday. Keeping this scenario in mind.

28 de mai.

Nota

Some reasoning behind CKB's price trajectory.