
Big_Mike716
@t_Big_Mike716
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Big_Mike716

Possible triangle or channel formation on BTC here. Looks more corrective than impulsive after analyzing for 2 years since the bull market started.

Big_Mike716

Been tinkering around with this count. Possibly an ending diagonal and we are now in the (3) intermediate wave position about to be finished with that wave in March or Feb

Big_Mike716

OMG has appeared to have either finished 5 wave bearish sequence or is very close. I am of the opinion that most market participants have abandoned any bullishness in this coin. I like that TBH, if the market thinks this coin is dead then likely it is not. We (my group & I) are long

Big_Mike716

Think we are inside w4 and are about done here with wave E of 4.It is always possible for the 4th to test all the way down to the 4th to one lesser degree. But when inside a triangle is the only exception.So if my triangle is correct then no retest to $36-$40k

Big_Mike716

Honestly been reflecting on VELO a bit. And if my TOTAL 3 analysis is correct and we get an XRP bull market to $5 plus soon then XLM will likely follow. They trade 20-.30c different on any given trading day. Since VELO is on XLM block chain and if we get $2-$4 XLM $VELO can be right back at 2021 highs with a simple $7-88B market cap. really doesn't seem unlikely to me.Plus they are one of the few altcoins that are actually working on the Web 3 payment side in Asia with massive corporate and Gov connections.

Big_Mike716

Of the opinion BTC has entered into marco w5 of the HTF (3) wave. The (3) is set to hit $90-$110k . For now the marco 1 has entered into a diagonal pattern which is a combination of ABC 3 waves inside of an impulsive 5 wave structure.I have the local top at $61,000 before a pull back to $54-$56,000 for marco 2 of 5 of (3)

Big_Mike716

For some context:Rule of alteration states that if/when W2 is a Flat then W4 can only be either zig zag or triangle.W(4) "Guideline" (not a rule) :When the 4th wave finishes its trajectory it is most commonly known the wave A will test the 2 of the wave 5 one degree less and wave C will end somewhere in the price area of wave4 one degree less.If this ends up being a zig zag and not a triangle I would think this (4) will be utter destruction of the bulls.

Big_Mike716

Looks like dag has completed an irregular falt correction where wave B overshoots the start of the A.Needless to say I expect a strong w3 here to about .45-.50c USDT

Big_Mike716

This coin must be the most complex coin ever. But I remain bullish with my bias to $50-$60 top wave 3 into late 2025

Big_Mike716

Been running in this impulse 1,2 1,2 1,2,3,4,5 now since late June 2022. This coin is literally taking the stairs up. We entered at $1 and it has been a long slow move higher. I do not expect that to change
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