Thegreatomski

ETH/USD: bearish projections

KRAKEN:ETHUSD   Ethereum / Đô la
Ichimoku number theory suggests that something significant may be about to occur at this moment in time.
We should be on the look out for impulsive price movement. This is suggested by the candle/bar counts present on my chart.

Keeping this in mind, we can see from our cloud visuals that we attempted to beak up out of the kumo and may have failed.
This occurred at a projected point explained in the idea I have linked to this one.



Bearish price theory says the following.

Assuming B is breached:
V=285-(300-285)=270
N=300-(311-285)=274
E=285-(311-285)=259

Possible disruption/rejection:
NT=300-(311-300)=289

Conclusion: watch for behavior. High probability move would be going short if the price breaches B with momentum and closing the short at the more likely price targets. Alternatively you could play it riskier and short now for a chance at catching the tip of the trendchange.
Bình luận: It appears the possible rejection didn't follow through.
See bullish projections for ETH/USD here to prepare for the event of a bull run:

Hủy đơn hàng: Never opened the short to start.
The material for this stuff is practically nonexistent in English unfotunately. I'll link you to some material I managed to find later.

And when I made this projection I was actually clueless as to whether or not it would go up or down. Ichimoku indicators hinted at up but I really couldn't tell for certain. You can see my bull projections here.
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Thegreatomski Thegreatomski
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Nice call on the movement but wrong direction:)

I'd like to learn more on number and wave theory but seem to have trouble finding resources. Would appreciate if you can refer me to some.
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Damn son, you're going deep. I like this.
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