Bullish continuation

2024年4月23日

Description
- Potential last wave down for a finished leading diagonal for a wave 1/A.
- breaking 0.886fib will increase this scenario.
- If so, looking at a CKB price below $0.018 before starting wave 2/B.

2024年4月23日

註釋

Touched the .886 at $0.018542. Probabilities for this scenario increased.

2024年4月24日

註釋

For the record, the fith wave of this ending diagonal could be truncated. A zigzag has potentially already been formed. A five wave impulsive to the upside could confirm this.

2024年4月24日

註釋

Possible wave B

2024年4月24日

註釋

Broke multiple trendlines (chart, RSI 1h). Waiting for confirmation for the low to be in. As mentioned, truncated 5th is a possibility.

2024年4月24日

註釋

Updated chart.

2024年4月25日

註釋

Just made a new low. I.m.o. looking at a complex structure (wave Y).

2024年4月25日

註釋

Update on Bitcoin_v0.1. Next move bitcoin could give us much more information on its trajectory. Expect a wave C (5 waves).

2024年4月25日

註釋

A potential low might have been formed. 1.618fib ext for a final wave C at $0.016883.

2024年4月27日

註釋

Update on Bitcoin_v0.2. ABC turned into a 1-2-3-4-5.

2024年4月28日

註釋

This could be the start of wave 1/B. Have wave 5 finished as a WXY (double zigzag) pattern. Feel free to comment or ask me anything.

2024年4月29日

註釋

Take notion of 3 possible Bitcoin scenario's:
1) double zigzag for a potential wave 2 (bearish/bullish)
2) double zigzag for a potential wave Y (1.618fib at $57087) (bearish)
3) leading diagonal for a wave 1 (bullish/bearish)

2024年4月29日

註釋

Update Bitcoin_v0.3. Finished wave 1? (RSI bullish divergence w5, 4h)

2024年4月30日

註釋

At the moment CKB is looking pretty dire. Expectations for a leading diagonal turned sour. Current scenario a WXY pattern (double zigzag) with a potential X-connector being finished (3-wave sequence). 1.38fib cross would confirm this. The Y move hereafter could bring us all the way down to $0.008.

2024年5月1日

註釋

Some simple trading perspective on the market.

2024年5月2日

註釋

Reassessed the Bitcoin chart and this it is currently my best guess in terms of getting ew count right. Don't know if anybody else has this count, but feel free to comment.
X wave is done and we're in wave Y.

2024年5月4日

註釋

Similar type of structure. Still leaning towards a C wave.

2024年5月6日

註釋

Here are some price targets for a 5th wave (assuming the low is in). Made some channeling & ew adjustments. Can clearly see that we're still moving in the base channel (minute degree). Can be considered a corrective structure or a potential wave 1 (minor).

2024年5月6日

註釋

Update Bitcoin_v0.4. Classical indicators show a short-term bullish narative. Expect some price expension soon.

2024年5月7日

註釋

Possible B wave. Got 5 waves down for a wave 1.

2024年5月14日

註釋

CKB shows a potential sign of relief, but after which, probabilities are higher for more downside, bc we haven't seen any impulsive move upwards.

2024年5月18日

註釋

Bullish divergence played out nicely, reaching both resistence levels as targets. Counting 5 waves up, supported by MACD/RSI(1h). MACD(4h) is looking good. Retracement might reach golden pocket before price continues upwards.

2024年5月20日

註釋

Current price action can bring us to $0.01786 and $0.01861 (ABC) and to $0.0199 for a w3. If we break 0.1861 then MACD(1h) needs to make a HH. RSI(1h) looking good breaking resistance into support.

2024年5月20日

註釋

Potential pullback for a c-wave.

2024年5月28日

註釋

Reached c-wave target at 1.23fib yesterday. Keeping this scenario in mind.

2024年5月28日

註釋

Some reasoning behind CKB's price trajectory.