Rally near to end, expecting 30-40% correction

2019年6月2日

This is my wave count which I think is currently the most probable.

We have a diagonal wave 5 forming, indicating that the whole impulse is coming to an end.
If bulls are to weak we may won't even achieve the last wave C to test resistance.


Declining Volume and bearish divergence on RSI & Stoch RSI on daily Chart


Expecting a correction to at least 50 if not 61.8 fibo to test support line.
After that we'll have to see if bullish trend continues or further drops to test 3k lows progress.
Idea is invalid if upper resistance is broken.

2019年6月3日

註釋

trendline broken, last C wave most likely won't happen anymore

2019年6月21日

註釋

got nothing more to say


if upper resistance line is broken prepare to fomo into this parabola, 20k incoming