HeftyBreadRoll

Chart description:- 1-2, 1-2 setup: overlap 2nd w2 with wave 1, equal amount of time- inverse H&S pattern..

Chart description: Upcoming short idea requires confirmation; Rising wedge, ending diagonal; Distribution schematic;Update BTC. Revisit 62k before moving?Current idea is validate.Current thoughts on endgame for BTC.

Chart description:Seems like breakout about happen after some accumulation;Potential wave up - targets laid out in chartCKB's trajectory could still unfold in an ABC. If MACD(d) fails to form a hook then I expect lower prices and need to reassess chart/ew count.Update.Update CKB. CKB looking strong. C-wave got invalidated. Relabelled ew count & further upside is to be expected.MACD(d) hook has played out nicely.BTC update.Update BTC. Revisit 62k before moving?

Chart description- Potential finished WXY (wave B)- Daily close above 50SMA(d), 3d close would signify bullish case- RSI trend crossing (micro)- Long setup with initial target w3 target Price is moving impulsively, and w3 target at 1.618fib is still 30% higher then current price lvls.NEAR's price action is still moving within a base channel. Waiting for confirmation, if invalidation lvl(s) get hit/broken, we're looking a corrective structure.Quick look. Structure can still unfold in a 1-2, 1-2 or a larger ABC (WXY). Forsee, a potential nice short setup (will follow-up).Possible reversal. RSI divergence(s) 1h/4h. Long setup RR 3:1.Looks like we're in for some BTC action (15min).Altered ew count. Idea for a counter short position RR 6:1T1 (.618fib) reached. T2: 54k for is on the table. Would personally target 55k (1.23fib ext. taken from w3-4)NEAR looking strong. Price moved outside the channel. If we can break above $5.27 that should solidify the bullish case.If BTC breaks 65k then w4 is finished.Have this primary BTC scenario in mind.Keeping it simple. If BTC can break 64.5k then wave C is finished (w4) and we're looking at a potential w5 in the making. **My chart displays a 1-2,1-2 setup, but probabilities are low. For that, we need see some volume. MACD(4h) could go first a bit lower to finished w5(2) before a ZLR to support w5(3). Either way, I want BTC to take out 65k.Update BTC:If NEAR's price can break $5.70 (1.618fib ext.) then it invalidates a c-wave. Fingers crossed.Current view on NEAR.BTC update.

Chart description:- Expect another leg down, miminum 0.618fib retracement.- Hidden bearish divergence MACD(d)- Nice short opportunity, 3.61 RR at 1 fib.- Will update chart as things unfold.So far so good.Hard to decipher what ew structure we’re looking at on the lower timeframe, so I’m keeping it simple. Short looks good, expect price to hit at least the 0.618fib at 0.30xx. Patiently, waiting for some reversal signals.Expect price to hit target at 0.618 lvl before moving up. MACD is currently forming a potential hook (more downward momemtum), but RSI(d) is also forming some bull div.Have this Bitcoin scenario in mind, since we printed a double top. Let's see.Target reached. No sign of any resistence, therefore expect prices to go lower. Intermediate targets laid out in chart.

Chart description:- Expect (at least) one more low to be made.- Finished ABC- Potential 2 short setup with conservative targets laid out in the chart.- Expect a minimum 1fib extension target to be reached.Could already partially close this short. C-wave (miniscule) looks almost completed. RSI(1h) shows some 5th wave divergence. Price will most likely move a bit lower towards $ 0.01567 and then move upwards for a b-wave.Counting 5 waves up. Waiting for confirmation, expect a pullback to the 0.5-0.618fib before continue higher.divergence got invalidated. still pushing higher.Divergence MACD(5m) still remains. RSI(5m) trend break, channel break, and MACD(15m) crossing would give me a reasonable indication that we're starting a consolidation for a ABC(wxy) retracement. As the prior move down was a c-wave, I'm expecting this entire move to become a zigzag.Relabelled ew count. 5min chart sometimes hard to read.Expect retracement to hit 0.764-0.854fib lvl before moving impulsive up.Idea still remains, still expect a b-wave (c-wave to finish).Update Bitcoin v0.6.**correction 'label: this structure is not impulsive' in bitcoin chart can be identified as a leading diagonal, see invalidation lvl in chart.Double top, potential short setup.RR 3.36Update Bitcoin v0.6.1.Bullish alternative for Bitcoin. Keeping it simple.Target reachedThis is the most rewarding short, RR 17.17 with low risk, invalidated lvl 0.618fib retracement. Expect an extended 3rd. In chart a standard 1.618fib extension, but can easily go further.Above scenario didn't play out. Potential other scenario might be a leading diagonal for a w1.Above scenario got invalidated and broke above $0.018224. Will close this thread and start fresh.Have several scenario's in mind, but no time to explore further. Could be a redestribution schematic (UTAD phase). Still leaning towards a bearish outlook for CKB. For example, I can only identify 3 waves (ABC) from the the low. Wave C can either be a rare ending expanding diagonal or in other classical terms a broading wedge pattern. 1.618 fib extension has a nice confluence with the length of wave-A (trend-based 1fib lvl), so that would make a nice final target.Good time to start accumulating (entry positions between 0.009x and $0.012).Have this Bitcoin scenario in mind, since we printed a double top. Let's see.Penny for your thoughtsI was suprised we broke the .618lvl and consequently invalidated a w4. Thus indicating that this a corrective structure. Found the complete CKB price chart, which does support that, and suggests a very long consolidation. If history repeats we might still see a v-shape recovery with a potential 3x from here.

Description: Short/Mid-term perspective- long signal MACD(d) zero crossing (from below)- price above ema 111(d)- ema contraction, ready for expansionPrice hit required 1.618fib level for a wave 3 (minute). 5th wave in the making. See potential price targets in chart.Updated ew countUpdate Bitcoin v0.5. 1-2, 1-2 setup.Two scenario's: - finished triangle (Y-wave) and moving up (pot. leading diag)- ABC correction for a X-connector.Both scenario's have more upside, but leading diagnal should preferably stop before 1 fib.**Excluded wick in analysis, bc not present at other exchanges.Update Bitcoin v0.6.**correction 'label: this structure is not impulsive' in bitcoin chart can be identified as a leading diagonal, see invalidation lvl in chart.Update Bitcoin v0.6.1.

Description:Long & mid-term perspective for NEAR.Mid-term target: - wave 3 - 1.618fib at $14.34Long-term target: - 1.05fib at $23.904, 1.236fib at $42.143 ("bearish")- 1.618fib at $135.038 (bullish)Update on Bitcoin_v0.1. Next move bitcoin could give us much more information on its trajectory. Expect a wave C (5 waves).Update on Bitcoin_v0.2. ABC turned into a 1-2-3-4-5.Quick ew update on NEAR.Take notion of 3 possible Bitcoin scenario's:1) double zigzag for a potential wave 2 (bearish/bullish)2) double zigzag for a potential wave Y (1.618fib at $57087) (bearish)3) leading diagonal for a wave 1 (bearish)Update Bitcoin_v0.3. Finished wave 1? (RSI bullish divergence w5, 4h)Move upwards can be labelled as ABC for an X-connector. Expecting a wave Y. For people that like to go short, this might be good oppertunity and at a later stage take long positions for another possibility to buy NEAR at lower prices, see targets. Long-term picture, I'm still bullish.A breather for Bitcoin. Wave 3 touch the 1.618fib and a potential wave 4 within 3 just got invalidated at $58818. I.m.o. a potential wave B (larger ABC - Wave X) got invalidated as well, because price broke the 1.38fib extension at $56978.Reassessed the Bitcoin chart and this it is currently my best guess in terms of getting ew count right. Don't know if anybody else has this count, but feel free to comment. X wave is done and we're in wave Y.Information: The 2nd wave 1 only reaches 0.786fib of wave 1 and 2nd wave 2 got overlap with wave 1. Thus, this it’s safe to say we’re not in a wave 4. Price still moves in a base channel and could still be considered a corrective pattern. Yet, there is enough evidence to suggest that this could be 1-2, 1-2 setup. The waves are similar in portion and time, and the corrective structure does not exhibit alternation.Consider the 50ema cross, RSI cross resistance, and MACD baseline + bullish momentum cross a good indication for a long position. Second confirmation will be a break of the base channel (correction). Will have closer look on the LTF if there is more evidence for a bullish case.How confusing.. On the LTF, I can't find a bullish case for the current structure. I can't identify 5 waves up. Red box, 4th wave crosses 0.618fib. If anybody else has a different count please share.Let's see if bitcoin can touch/break the 0.618fib at $61446!I see a potential long trading oppertunity for NEAR. Displayed a bullish MACD zero-line reversal (from above).Update Bitcoin_v0.4. Classical indicators show a short-term bullish narative.NEAR displays a strong bull case. My main ew count still remains a 1-2, 1-2 setup (extension not identified). This leading diagonal cannot be a (truncated) fifth, because wave 4 crossed wave 1. For that reason alone, it seems like the low is in and we're looking at a leading diagonal for a wave 1.Update Bitcoin v0.5. 1-2, 1-2 setup.Count hasn't changed. Last wave up for a finished leading diagonal.Suspect NEAR's price to make a HH to the midline of the channel before reversal. MACD(d) already shows an upcoming divergence. Wait for confirmation of break trendline. After that, I expect the lower band of the base channel to act as support before commencing w3.Leading diagonal seems to already played out. Move prior is corrective, but not impulsive. For now, b-wave touched the 0.886fib and we're looking at a potential C/Y-wave (w3). RSI(d) resistence trend got broken. Will update chart for target(s), entry/exit points.Update Bitcoin v0.6.**correction 'label: this structure is not impulsive' in bitcoin chart can be identified as a leading diagonal, see invalidation lvl in chart.Update Bitcoin v0.6.1.Support bullish narative. Keeping it simple.Still leaning towards a leading diagonal | rising wedge (bearish). Price reacted to the 50ema. However, the formation is taking rather long (normally between 3-6 weeks) and furthermore, I expected a deeper pullback to be hit instead of the .236. Ideally, NEAR would make a new HH (or perhaps hit previous high | double top) before a pullback**Not likely that this structure will turn into a flat. Timewise it doesn't agree with the previous structure (w2 minute degree).Penny for your thoughts

Description:- 1-2, 1-2 setup, 2nd wave (leading diagonal).After some research concluded that there are only 2 bullish scenario's, namely 1) straight into 3rd wave or 2) in B wave (ABC). For obvious reasons, a prolonged correction would be ideal. A deeper pullback for a wave C would bring the 1.618fib much higher.Waiting for confirmation to decipher this particular structure.For the record, have ignored the wick, because this was not present at other exchanges.This is/was the only bearish scenario i.m.o. left. However, price action broke the 0.9fib level. If price breaks previous high. This scenario is definitly exit.Perfect, straight into wave 3. Got enough room to grow.Let's see if will get a reaction on the SMA8.Got some price reaction on the 0.5fib and sma 8 (4h). Not sure, if the low is in, because I'm not identifying a zigzag, but just 5 motive waves down.Potential alternative ew count, expanding diagonal.Price broke 0.618fib. Looking for lower prices. Potential leading diagonal (1/A). If you got caught in this move wait for wave 2/B.Not happy with my labeling, but as long as I don't see it cross the red line HBAR could see higher prices. Next move up will tell us more.Update on Bitcoin_v0.2. ABC turned into a 1-2-3-4-5.Take notion of 3 possible Bitcoin scenario's:1) double zigzag for a potential wave 2 (bearish/bullish)2) double zigzag for a potential wave Y (1.618fib at $57087) (bearish)3) leading diagonal for a wave 1 (bearish)Update Bitcoin_v0.3. Finished wave 1? (RSI bullish divergence w5, 4h)With bitcoin taking a (short-term) bearish turn, I'm favouring a WXY pattern over a finished ABC. Double zigzag for wave W and forming a possible 3-wave X-connector. After X confirmation, we can look for lower prices. Waiting game for the complex Y structure. Currently MACD(d) at baseline and entering bearish momentum. RSI(d) isn't giving me any solid information. Take it one at a time.Reassessed the Bitcoin chart and this it is currently my best guess in terms of getting ew count right. Don't know if anybody else has this count, but feel free to comment. X wave is done and we're in wave Y.Opportunity for bullish continuation. Another ZLR accompanied with ema contraction.Minor adjustments. Ew count still looks solid. Might see a bit more consolidation within the minute base channel. This rocket, however, is fueling up for some big moves ahead.MACD(d) displays a possible hidden bearish divergence.Update Bitcoin v0.5. 1-2, 1-2 setup.Haven't updated this idea for a while, but 2 May idea remains intact. Expect a slow grind to 0.07c, which i.m.o. presents a great long opportunity.Update Bitcoin v0.6.**correction 'label: this structure is not impulsive' in bitcoin chart can be identified as a leading diagonal, see invalidation lvl in chart.Update Bitcoin v0.6.1.Nice! HBAR hit the 0.618fib lvl retracement at 0.072x.Penny for your thoughts

Description- Potential last wave down for a finished leading diagonal for a wave 1/A.- breaking 0.886fib will increase this scenario.- If so, looking at a CKB price below $0.018 before starting wave 2/B.Touched the .886 at $0.018542. Probabilities for this scenario increased.For the record, the fith wave of this ending diagonal could be truncated. A zigzag has potentially already been formed. A five wave impulsive to the upside could confirm this.Possible wave BBroke multiple trendlines (chart, RSI 1h). Waiting for confirmation for the low to be in. As mentioned, truncated 5th is a possibility.Updated chart.Just made a new low. I.m.o. looking at a complex structure (wave Y).Update on Bitcoin_v0.1. Next move bitcoin could give us much more information on its trajectory. Expect a wave C (5 waves).A potential low might have been formed. 1.618fib ext for a final wave C at $0.016883.Update on Bitcoin_v0.2. ABC turned into a 1-2-3-4-5.This could be the start of wave 1/B. Have wave 5 finished as a WXY (double zigzag) pattern. Feel free to comment or ask me anything.Take notion of 3 possible Bitcoin scenario's:1) double zigzag for a potential wave 2 (bearish/bullish)2) double zigzag for a potential wave Y (1.618fib at $57087) (bearish)3) leading diagonal for a wave 1 (bullish/bearish)Update Bitcoin_v0.3. Finished wave 1? (RSI bullish divergence w5, 4h)At the moment CKB is looking pretty dire. Expectations for a leading diagonal turned sour. Current scenario a WXY pattern (double zigzag) with a potential X-connector being finished (3-wave sequence). 1.38fib cross would confirm this. The Y move hereafter could bring us all the way down to $0.008.Some simple trading perspective on the market.Reassessed the Bitcoin chart and this it is currently my best guess in terms of getting ew count right. Don't know if anybody else has this count, but feel free to comment. X wave is done and we're in wave Y.Similar type of structure. Still leaning towards a C wave.Here are some price targets for a 5th wave (assuming the low is in). Made some channeling & ew adjustments. Can clearly see that we're still moving in the base channel (minute degree). Can be considered a corrective structure or a potential wave 1 (minor).Update Bitcoin_v0.4. Classical indicators show a short-term bullish narative. Expect some price expension soon.Possible B wave. Got 5 waves down for a wave 1.CKB shows a potential sign of relief, but after which, probabilities are higher for more downside, bc we haven't seen any impulsive move upwards.Bullish divergence played out nicely, reaching both resistence levels as targets. Counting 5 waves up, supported by MACD/RSI(1h). MACD(4h) is looking good. Retracement might reach golden pocket before price continues upwards.Current price action can bring us to $0.01786 and $0.01861 (ABC) and to $0.0199 for a w3. If we break 0.1861 then MACD(1h) needs to make a HH. RSI(1h) looking good breaking resistance into support.Potential pullback for a c-wave.Reached c-wave target at 1.23fib yesterday. Keeping this scenario in mind.Some reasoning behind CKB's price trajectory.