for the completed big wave 3, we are going on retracement @0.382 then head for big wave 5, trend target @ 2.618.
for the big wave retracement, which might happen as the yellow corrective wave and finally landing @0.5 which is not likely.
keep an eye on, hold it tight
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corrective waves are likely* to happen.
wave A expecting @ 0.382, wave B @0.236, wave C @ 0.382-0.5
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Follow the new chart below. Will update only there:
if we are now at big wave 5, here is what you want to know from the new chart: - the white triangle would be the sub wave 1 of big wave 5 - on condition of sub wave 1, it may cause the waves move like shown in light blue(more likely) or green. either way, we are targeting at around pink price @0.001899 for this quick pick
Targets: Big wave 1 and 3 made 1-1. upcoming big wave 5 is gonna be an extended wave target trend fib @ 2.618. and I think possibly we are now at the sub wave 1 of big wave 5.
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if the movement follows the red arrow and bounces from around there. it is a confirmation that we are now at sub wave 1 of big wave 5, which i think we are likely are.
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so finally it did retraced to 0.382 as for the sub sub wave 3 and headed for the extened sub sub wave 5, where we saw a very fast moving.
people say there are manipulation on ONTBTC. I would say I like this sht which plays on good fundamental coins where you feel safe to invest and trade. and the trade so much respect TA and moving fast.
where are we now?! remember we are riding the big wave 5 which is extended wave traget trend fib @ 2.618 shown on the chart. i also showed the sub waves in this big wave 5, also sub sub wave. so far my TA done on ONTBTC had been performing well and close to precise.
what's next?! now we reached sub wave 1, expecting retracement. initally i did for landing by on top of the box for retrace @ 0.5 which happened several times for ONTBTC in previous waves.
as this one is moving so fast for sub wave 1. to be honest, i am not sure if it goes 0.5. we we could be prepared would be for 0.236(extreme bullish case)/0.382/0.5 as shown on the snapshot below with price marked.
what i think about this?! ONTBTC is fast moving on chart, i remain the same mind, not to cause fomo. but if u liked it and missed it and knew it is fast moving. for TA, this is end of the fantasy and the biggest, coz it is the extened wave 5. everything is shown on the chart. do what you like and think it is right for you.
Liked my idea? Please like agree with the chart and follow me for updates. -- Anything i post on tradingview is for education, not financial advise.
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ideas on ONTBTC will only be updated in the chart below. make sure to follow there:
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Danger alert!
what we are now on could be a big retraced for the completed big wave 3! instead of new big wave 5!
if it is big wave 3 then the retracement is expecting to reach 0.0093 @ 0.382.
Can you update your post. are we going to 0.0013439btc price?