WARNING! Big Altcoins Shakeout Is Starting Right Now

4 902
Hello, Skyrexians!

If you remember, we warned you just before the February 3 crash. Now we can see almost the same situation on the market looking at BTC.D . This chart can predict all crushes.

On the 12 hours time frame we can see enough candles to analyze the current 5 Elliott waves impulse. If you remember dominance currently is in final global wave 5 and you can see it that it's almost over looking at the Bullish/Bearish Reversal Bar Indicator [Skyrexio] at the weekly time frame. Now we are looking inside this wave.

Look how perfectly wave 2 retraced to 0.61 Fibonacci of the wave 1. Then Wave 3 has been finished inside the target area as well. Wave 4 retraced to 0.38-0.5 Fibonacci area. At the same time the Awesome Oscillator showed us the bearish turn. It means wave 4 has been finished and now Dominance is preparing for the leg up in wave 5. The target is 66%, but the max pain target is 69%. This is unlikely but keep in mind.

Best regards,
Skyrexio Team

___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。