ltc-joe

XMR/BTC big wave 5 on the way?

ltc-joe 업데이트됨   
POLONIEX:XMRBTC   Monero / Bitcoin
Over a year consolidating in an what I would say is a an abcde triangle for wave 4...hmmm...big wave 5 on the way?
코멘트:
Hoping to see a bullish golden cross on the daily chart within the next week or so. Things should really get going after that.
코멘트:
1h squeeze?
코멘트:
Aaaand there's the golden cross!
코멘트:
How i'm looking at the count right now (4h chart)...I think we either just finished the 2nd wave of 5 and are about to start the 1st wave up of a big third wave....or we have already started the 1st wave up of a big third wave. Its very confusing I know...if you don't get it just go with it for now : )
코멘트:
Think this makes the most sense
코멘트:
If this is correct we are preparing for a BIG move up : )
코멘트:
Yep 1-2 1-2 1-2 should get a 3-4-5 3-4-5 3-4-5
코멘트:
코멘트:
Revised count (wave 2 took longer in all the crypto carnage)
코멘트:
Perhaps one more dip here before lift off?
코멘트:
Could that be it?
코멘트:
Pop! When we break the dotted trendline this should get going...
코멘트:
As I pointed out on twitter...1d bbands coming in (and 3d as well)
코멘트:
breaking this level now...looks like we are going to .026, probably .023 before higher
코멘트:
If the 50 ma (around .026) does not hold (decent chance) then we should go to the green box (the bottom of which is also the 50 MA on the weekly chart)
코멘트:
Taking into account ugly candles that are about to close on the daily/3d most likely scenario in my mind is we will reach the green box (50 day ma likely will not hold).
코멘트:
Also this looks like an expanded flat correction to me:
코멘트:
Hmmmm some looks like a bounce is coming...could be all, but what scares me is this so keep it in mind:
코멘트:
Wow great 4h candle. Decent chance we have seen the worst, but until we get back above wave 1 still a chance at new lows (we never touched the 200 MA on the daily)
코멘트:
Bearish divergence on 4h stoch rsi...hmmm could be time for that next leg down if the daily candle gets rekt
코멘트:
Hmmm that could be all the down we get for now...something to consider though is that was all wave 3. Until we get back above .029 or so be ready for another leg down. Gluck!
코멘트:
Looks like bounce complete and we're ready for last leg down:
코멘트:
daily on the left 4h on the right:
코멘트:
actually its the *6h chart on the left sorry
코멘트:
코멘트:
Finishing up wave 4 of c?
코멘트:
12h chart...looks like a clear bear flag to me which would give even more confirmation to my wave 4 count if we break down here. Initially my targets were int he low .02xxs as mentioned and shown, but considering the length of the pole we now have a lower target (shown with green box). This area is a huge confluence of support... the .786 fib/ascending triangle trendline/1.272/382 fib extensions of the last leg up.
코멘트:
hmmm maybe i was wrong. If we start closing candles above .03 we have probably seen the worst.
코멘트:
I think its safe to say we have seen the worst, while it could just go straight to the moon more likely we'll get real nice pull back either soon or around ATH's since things are a bit overextended. Just something to be aware of. Maybe it will be once bitcoin gets going and XMR meets resistance in the low $300s? We'll see. Nonetheless the big picture is still fully in tact, big potential here.
코멘트:
Looks like the correction has begun…if really is first wave up this can correct as far as 50-78% and still be valid. 1h chart:
코멘트:
코멘트:
While this is what i'm expecting if we do break above the red dotted line, then .03 it's possible she is already ready to go. Gluck.
코멘트:
Kissed the .786 could bounce here...
코멘트:
Looking great, lots of bullish signs here:
코멘트:
Went a bit lower...that's okay. Good time to buy more and improve your cost basis. Pretty much will stay bullish until/unless it looks like we will close a daily candle beneath 0.0235-.024.
코멘트:
Seems like it's now or never...I think now.
코멘트:
Please sir pamp it for mi familia
코멘트:
Zooming back out...

This is what i'm expecting if break ATH's. While it's is very optimistic it makes sense to me...the price spent *over a year* preparing for a big move. Do you bullieve?
코멘트:
slight change in the count (pragmatically makes no difference)
코멘트:
Bull divs errywhere on the daily...shoudl bounce hard if its going to get going
코멘트:
코멘트:
6h USD chart...beautiful head and shoulders pattern says we are ready to go
코멘트:
Welp, lower lower lower LOL...hang in there guys, the correction is near complete if not already complete IMO. If you want to have a laugh go back and look at my ltc charts from years ago, I was the biggest moron on the planet until I wasn't lol. Of course it's possible I could be wrong and the price could go much much lower, if we start closing candles below .015 I will probably throw in the towel on this one but I really don't think that's going to happen. Good luck and remember never risk more than you can afford to lose.
코멘트:
Forgot the X and Y labels:
코멘트:
Looking good, should at least bounce here and *potentially the bottom is in.
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