1- If wave 3 is less than 161.8% of wave 1 -----> the 5th Wave overextends itself.
2- If Wave 3 is greater than 161.8% of wave 1 -----> Wave 5 = 100% , 161.8% or 262% of wave 1
As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself.
Extended Wave 5 = either
61.8% x length of (beginning of Wave 1 to top of Wave 3) or = 100% length of (beginning of Wave 1 to top of Wave 3) or = 161.8% x length of (beginning of Wave 1 to top of Wave 3)
Lesser degree; Wave (3):
Appendix:
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Do you see what I see ?
Oct 2021 (BTC)
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Happy CPI :)
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BNB :)
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Friends, sometimes I add a bit ...
Lesser degree; Wave (3):
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* In this chart above, pullbacks will be short lived and shallow
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Bulls are coming in force
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30m
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Good luck
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Trader asked: do't you think we should retrace first ?
My reply:
A implies B , B implies C
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:)
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Bitcoin is approaching 40K (get ready for a pump)
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1min
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At the recurrent end of the unending, things might get better but who knows for sure what will happen in the future?! you never know what the future holds. time will tell the tale!
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Update
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$ 38035 ;)
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USDT (Tether) Dominance
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Looks bullish to me
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Bitcoin is approaching 41K
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The bears are on the hook
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;)
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$ 44000
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BTC = +3.97% , XRP = -0.32% !!!?
Where are the whales?
There they are!
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(sold at 44k)
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MFI (1W) = 91
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good luck
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Update
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Target= $ 56500
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(Update)
S&P500, Target= 5224, Aug 01, 2022:
BTC, Target= $ 56500:
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Target= $ 56500 -$ 57500
I think everything else is looking pretty decent take a look
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Good morning
Target= $ 55800 - $ 59100
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Re good morning!
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Wave 5 = 161.8% or 262% of wave 1
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$ 57000
Where you at now? :)
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$ 60500
The bears are on the hook
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It goes up!
goes up from the early early morning to the early early night, goes up, mostly up
yeah, it goes up, mostly up
I can't deny it
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(Feb 26 Comment)
to beyond
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What next? ;)
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Upon secondary analysis:
let me know your stance on this ...
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Wave A ----> 5 & Wave B = 94% of wave A (I mean: Wave B > 85.4% of wave A!)
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Good morning!
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It did
**
Target = $ 70k
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the moon mission comes to life!
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Warning:
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(as shown on this chart), BTC might be in the process of forming the right shoulder of this inverse head and shoulders.
Target = $ 73000 - $75000
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Short term:
Everything's under control
Long term:
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If you are looking to buy the low, this is the way to go
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