so heres the problem, if we cant get a break above the line- then we have a head and shoulders, and what i thought was an impulsive move to the upside could in fact be an A-B-C corrective move off of the first high, Stop loss is the way to go here, because if its a-b-c, then it could sink all the way back to the boittom before another move up . on a knife edge here, so protect your gains
코멘트:
if it makes a lower low then its a done deal imo
코멘트:
not looking good, because now we have a micro fractal of the macro top
코멘트:
so if we break down now, then its probably headed there, somewhere between rock bottom, and the bottom of the bB wave
코멘트:
the good news is, if this does turn out to be the count, after the lows, we can go all the way up there, so its not all doom and gloom
코멘트:
shit or bust time I think, it either makes a higher low and a new 5 wave up OR, it breaks down at the top of the 1 wave and dumps
코멘트:
defo cant go below the neck line of the H&S, if it falls below that its doomed, cos it'll come back up and support will have flipped to resistance
코멘트:
anything below that, and im shorting the arse out of it.
코멘트:
could be it, looks like the 1-2 of 5 down could be in now
코멘트:
and i think this is the why, lunc has been making these moves up on a bBTC pull back, but as you can see, bullish divs have been racking up on this for a while, so i think this and other alts will break up now, and send lunc back to the kows
코멘트:
and lunc is doing the opposite, racking up beaerish divs on higher prices, so they look opposed to my eyes
코멘트:
코멘트:
코멘트:
careful if you're tempted
코멘트:
코멘트:
sriike that last update, i though the 5 of 1 was in but its only just started so a bit higher
코멘트:
just sold everything, this looks all kinds of bad
코멘트:
코멘트:
best I got, but USD is showing no signs of stopping any time soon, so who knows, it ca seemingly keep going up on infinite bearshsh divs
코멘트:
I'm not betting against that,
코멘트:
wave 5's are generally the most parabolic/fast if this is the count, then everything's going to the basement
코멘트:
gold, silver, stocks, crypto, all dumping today , so im out, nothings going anywhere until the usd has a blow off top, then we can think about going up again, but it could literally be btc under a dollar by then
코멘트:
bought that, im not touching anything else cos short squeeze on usd denominated debt, i think almost everything else goes to the floor on a parabolic dollar move up to silly prices,
코멘트:
could still be this count, didnt really go low enough to be a full correction so may be a sell there somewhere.