[eth] 12-29-23
good eve'
we've come a really long way since the og prediction (view bottom of thread for the og posts).
we had our eyes on this move long before people even expected a local top, which btw smacked a lot of people.
b\x waves come in all shapes and sizes; sometimes they're shallow, other times flat, and occasionally very steep - but... one thing we know about b\x waves, with a very high level of certainty, is that they are "suckers rallies". it was ralph nelson elliott himself who coined the term "suckers rally" initially, which is what we call the b-wave \ "complacency phase" today.
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i won't sit here and tell you that i know precisely where this b wave will end, because quite frankly this time around i do not know, and i'm not afraid to admit that. what i will say though - is when retail begins to get confident during a staged complacency phase, that is the time to be sidelined.
🔮
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og predictions:
![7-1-23 [eth]](https://s3.tradingview.com/i/ItnRNS86_mid.png)
we've come a really long way since the og prediction (view bottom of thread for the og posts).
we had our eyes on this move long before people even expected a local top, which btw smacked a lot of people.
b\x waves come in all shapes and sizes; sometimes they're shallow, other times flat, and occasionally very steep - but... one thing we know about b\x waves, with a very high level of certainty, is that they are "suckers rallies". it was ralph nelson elliott himself who coined the term "suckers rally" initially, which is what we call the b-wave \ "complacency phase" today.
---
i won't sit here and tell you that i know precisely where this b wave will end, because quite frankly this time around i do not know, and i'm not afraid to admit that. what i will say though - is when retail begins to get confident during a staged complacency phase, that is the time to be sidelined.
🔮
---
og predictions:
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