Over a year consolidating in an what I would say is a an abcde triangle for wave 4...hmmm...big wave 5 on the way?
Catatan
Hoping to see a bullish golden cross on the daily chart within the next week or so. Things should really get going after that.
Catatan
1h squeeze?
Catatan
Aaaand there's the golden cross!
Catatan
How i'm looking at the count right now (4h chart)...I think we either just finished the 2nd wave of 5 and are about to start the 1st wave up of a big third wave....or we have already started the 1st wave up of a big third wave. Its very confusing I know...if you don't get it just go with it for now : )
Catatan
Think this makes the most sense
Catatan
If this is correct we are preparing for a BIG move up : )
Catatan
Yep 1-2 1-2 1-2 should get a 3-4-5 3-4-5 3-4-5
Catatan
Catatan
Revised count (wave 2 took longer in all the crypto carnage)
Catatan
Perhaps one more dip here before lift off?
Catatan
Could that be it?
Catatan
Pop! When we break the dotted trendline this should get going...
Catatan
As I pointed out on twitter...1d bbands coming in (and 3d as well)
Catatan
breaking this level now...looks like we are going to .026, probably .023 before higher
Catatan
If the 50 ma (around .026) does not hold (decent chance) then we should go to the green box (the bottom of which is also the 50 MA on the weekly chart)
Catatan
Taking into account ugly candles that are about to close on the daily/3d most likely scenario in my mind is we will reach the green box (50 day ma likely will not hold).
Catatan
Also this looks like an expanded flat correction to me:
Catatan
Hmmmm some looks like a bounce is coming...could be all, but what scares me is this so keep it in mind:
Catatan
Wow great 4h candle. Decent chance we have seen the worst, but until we get back above wave 1 still a chance at new lows (we never touched the 200 MA on the daily)
Catatan
Bearish divergence on 4h stoch rsi...hmmm could be time for that next leg down if the daily candle gets rekt
Catatan
Hmmm that could be all the down we get for now...something to consider though is that was all wave 3. Until we get back above .029 or so be ready for another leg down. Gluck!
Catatan
Looks like bounce complete and we're ready for last leg down:
Catatan
daily on the left 4h on the right:
Catatan
actually its the *6h chart on the left sorry
Catatan
Catatan
Finishing up wave 4 of c?
Catatan
12h chart...looks like a clear bear flag to me which would give even more confirmation to my wave 4 count if we break down here. Initially my targets were int he low .02xxs as mentioned and shown, but considering the length of the pole we now have a lower target (shown with green box). This area is a huge confluence of support... the .786 fib/ascending triangle trendline/1.272/382 fib extensions of the last leg up.
Catatan
hmmm maybe i was wrong. If we start closing candles above .03 we have probably seen the worst.
Catatan
I think its safe to say we have seen the worst, while it could just go straight to the moon more likely we'll get real nice pull back either soon or around ATH's since things are a bit overextended. Just something to be aware of. Maybe it will be once bitcoin gets going and XMR meets resistance in the low 300s? We'll see. Nonetheless the big picture is still fully in tact, big potential here.
Catatan
Looks like the correction has begun…if really is first wave up this can correct as far as 50-78% and still be valid. 1h chart:
Catatan
Catatan
While this is what i'm expecting if we do break above the red dotted line, then .03 it's possible she is already ready to go. Gluck.
Catatan
Kissed the .786 could bounce here...
Catatan
Looking great, lots of bullish signs here:
Catatan
Went a bit lower...that's okay. Good time to buy more and improve your cost basis. Pretty much will stay bullish until/unless it looks like we will close a daily candle beneath 0.0235-.024.
Catatan
Seems like it's now or never...I think now.
Catatan
Please sir pamp it for mi familia
Catatan
Zooming back out...
This is what i'm expecting if break ATH's. While it's is very optimistic it makes sense to me...the price spent *over a year* preparing for a big move. Do you bullieve?
Catatan
slight change in the count (pragmatically makes no difference)
Catatan
Bull divs errywhere on the daily...shoudl bounce hard if its going to get going
6h USD chart...beautiful head and shoulders pattern says we are ready to go
Catatan
Welp, lower lower lower LOL...hang in there guys, the correction is near complete if not already complete IMO. If you want to have a laugh go back and look at my ltc charts from years ago, I was the biggest moron on the planet until I wasn't lol. Of course it's possible I could be wrong and the price could go much much lower, if we start closing candles below .015 I will probably throw in the towel on this one but I really don't think that's going to happen. Good luck and remember never risk more than you can afford to lose.
Catatan
Forgot the X and Y labels:
Catatan
Looking good, should at least bounce here and *potentially the bottom is in.
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