BTSBTC : impulsives waves hypothesis
HI guys,
So today Im making all my mid term target as you can, I have made almost all my calls on what I follow the most. BTSBTC charts showing a clearer picture of the current pattern that I did not spotted on the BTSUSD chart.
I suggest to follow them together since I will update one or the other. Again thsi chart look bullish. I discern some micro impulsive wave on lower time frame chart that when putted on daily seems to correlate with a bigger structure.
I have highlight in the past a possible entry with a target hypothesis.
I found the same thing here but with a more exact target zone that match the daily MA100 resistance and my first hypothesis that I posted in the last post. Its still 1800 sats but with more data backing it. For now, I expect BTS to cool down a little bit on the short term to make the major 1-2.
It matches the little retracement that I expect on BTCUSD. Lets just hope i did not have done this work to be wrong lol. Im pretty confident over the TA work ive done so again first rule is : hypothesis is made, now lets be patient and watch
So today Im making all my mid term target as you can, I have made almost all my calls on what I follow the most. BTSBTC charts showing a clearer picture of the current pattern that I did not spotted on the BTSUSD chart.
I suggest to follow them together since I will update one or the other. Again thsi chart look bullish. I discern some micro impulsive wave on lower time frame chart that when putted on daily seems to correlate with a bigger structure.
I have highlight in the past a possible entry with a target hypothesis.
I found the same thing here but with a more exact target zone that match the daily MA100 resistance and my first hypothesis that I posted in the last post. Its still 1800 sats but with more data backing it. For now, I expect BTS to cool down a little bit on the short term to make the major 1-2.
It matches the little retracement that I expect on BTCUSD. Lets just hope i did not have done this work to be wrong lol. Im pretty confident over the TA work ive done so again first rule is : hypothesis is made, now lets be patient and watch
Trade aktif:
That looks like a major 1-2 :
It follows the projection about a major pattern.
It follows the projection about a major pattern.
Trading ditutup: target tercapai:
Wave A reached. Now the B and C of the regular flat :
Elliot/fibonacci rules :
• Wave B = 90% of wave A
• Wave C = 61.8%, 100%, or 123.6% of wave AB
We might outcome on something interesting
Elliot/fibonacci rules :
• Wave B = 90% of wave A
• Wave C = 61.8%, 100%, or 123.6% of wave AB
We might outcome on something interesting
Trading ditutup: target tercapai:
first target reached :
Trade aktif:
Last logic extension for wave 2. If ratio 0.78 hold major 5 target remain. If retrace completely i cancel my call :
****Wave 2 is typically 50%, 61.8%, 76.4%, or 85.4% of wave 1****
As we can see wave 2 have many probable ratio thats why i got wrong call last update
****Wave 2 is typically 50%, 61.8%, 76.4%, or 85.4% of wave 1****
As we can see wave 2 have many probable ratio thats why i got wrong call last update
Order dibatalkan:
cancelled. still got it as a backup idea but i found the retracement too deep. questioning the validity