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URSA MAJOR URSA MINOR PHENOMENON IN

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POLONIEX:BTCUSDT   Bitcoin / Tether USD
Do you remember the time when dates was showing 13th of aug. we knew that there was going to be a 5 wave up movement. 5 waves of elliot.

Then was the time for ABC correction (light green) it took so long for c correction wave to come even we doubt about it. We reconsider the chart and looked again if there is a correction wave that we couldn't see. Some of us thought that correction at 10th of oct. was C correction wave.

Everybody went long and was waiting for a break up upside. Then "booom" at 13th of november after f***ing almost 45 days there was a big nasty correction wave C. That took so long because that was URSA MAJOR Cycle.

After the end of URSA MAJOR cycle we are at correction wave of URSA MINOR cycle. (light blue)

B wave can be longer. I draw it just to make a point of view. Don't take it as a time indicator. But don't forget it's not going to be as long as URSA MAJOR wave B.

Now if i was able to throw a glass of cold water at your face and wake you up, it's time for shorting fellows. 2000's are not as far as you think. That's should or must be the bottom. Or else we gonna see an another " hindenburg disaster" (google it ;))

RSI ind. is almost at oversold area, MACD ind. is slightly turning down. that would be sign of price reversal.

That's my opinion for now. Make your own research. Don't take this as investment advice. Use it as a point of view.

Your King have spoken!
Trade aktif:

That was ust the first signal that we're heading to 2000's

Stay solid.
Komentar:
Every big cycle repeats itself in a smaller form.
That's what Fibonacci is talking about.
Or Mandelbrot.
Google it: "Mandelbrot nest"

Wait for 2300$-2500$ soon.
Stay solid stay short fellows.

Your King!
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