BTC facts - chart overlaid to show the logic.
Diupdate
I have been asked recently about the BTC moves and how the "they Blew up the rocket" call back on the 18th of March fits this.
It's pretty simple - Elliott wave Weekly (3) = Daily ⑤.
That combined with a near perfect example of a Wyckoff Distribution schematic as per the ghost overlay.
We had discussed this in our Discord last week and covered in the TradingView stream again yesterday with Paul_Varcoe
Here's a link to the TV stream - tradingview.com/streams/x8XAYBBAl7dv5cuG9yuWD/
But for some reason there is some technical glitch on TV's historic stream's from yesterday. so here's also the YT link below encase it's not working in a few hours;
youtube.com/watch?v=iNWMniFEVR8
Although it's short - I hope this makes sense.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
It's pretty simple - Elliott wave Weekly (3) = Daily ⑤.
That combined with a near perfect example of a Wyckoff Distribution schematic as per the ghost overlay.
We had discussed this in our Discord last week and covered in the TradingView stream again yesterday with Paul_Varcoe
Here's a link to the TV stream - tradingview.com/streams/x8XAYBBAl7dv5cuG9yuWD/
But for some reason there is some technical glitch on TV's historic stream's from yesterday. so here's also the YT link below encase it's not working in a few hours;
youtube.com/watch?v=iNWMniFEVR8
Although it's short - I hope this makes sense.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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