Crossroads: Potential last wave up (C-wave)

2024년 9월 22일

Chart description:

• ABC correction - C wave (final 5th wave)
  
• RSI trendbreak (confirmation 1)
  
• MACD - move down to zero-line (confirmation w4)
  
• MACD - Zero-line reversal (upward) + signalcrossing would confirm 5th
  
• Waiting for price to make a higher low (HL) in which price moves above previous high (see previous flag indications)
  

2024년 9월 22일

노트

2024년 9월 24일

노트

CKB is holding strong. Consolidation with low volatility, which supports a bullisch narative. As pointed out, I expect CKB to make one more high. Minimum target $0.0202.

2024년 9월 24일

노트

Moreover, a MACD zero-line reversal with a bullish signal crossing confirmed a finished w4.

2024년 9월 24일

노트

If BTC breaks 65k then w4 is finished.

2024년 9월 25일

노트

Have this primary BTC scenario in mind.

2024년 9월 26일

노트

Keeping it simple. If BTC can break $64.5k then wave C is finished (w4) and we're looking at a potential w5 in the making. **My chart displays a 1-2,1-2 setup, but probabilities are low. For that, we need see some volume. MACD(4h) could go first a bit lower to finished w5(2) before a ZLR to support w5(3). Either way, I want BTC to take out 65k.

2024년 9월 26일

노트

Update BTC:

2024년 9월 26일

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BTC's attempt to break 65k!!

2024년 9월 28일

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BTC update.