BTC (Y20.P6.E4).Where's the top for wave 3?

Hi All,
(ref.x.Chart)

I think this makes sense.... end of December or early January many are guessing as history on a number of occasions have been the case where in January we have drops.
This is good as any other's guess.

I won't go into detail for what I have but that RED Lines is a definite MACRO resistance in my guess work. If it turns out to be the case, I'll share why its the case.
For now, I'm using the flag pole calculation along with other confluences to make the case.

Note: 30 K would be a psychological barrier as well...either just before it or after it and this fits into the fib extension levels along with this red trend line.


Its fun trying to guess where this is...


Cheers,
S.SAri

Bình luận:

Bình luận:

Having said this, I have started to take profit from 26500 for you never know.

Bình luận:

fractal

Bình luận:

weekly RSI...time to sell all or some %

Bình luận:

its hit one of my interest levels.

Bình luận:

I wasn't brave enough to sell but also was not watching...missed out on a 6% drop so far

Bình luận:

Just to add to the case, BBand on the daily, way over extended.
Note: Its possible we can have another shot at the top with the fomo people but I am confident this is the top.

Bình luận:

4 touches and I shorted. So far so good

Bình luận:

Bình luận:

BTC downtrend fractal with LINK for the short term

Bình luận:

it seems I was a bit eager to short... I will have to wait for the right setup over time.

Bình luận:

possible big move coming

Bình luận:

my micro levels.went below a key one.

This level broken will cause a sudden drop.

Bình luận:

Bearish perspective requires 3 or 4 touches on the line, the more the better for a short setup.