afinalboss

This sort of visually shows the reason i trade a variant of EW that simply focuses on the completion of the "Corrective Waves" and unlike EW corrective waves, that have a series of different corrections that can take place; my version has a couple clear rules for one simple corrective wave to form and complete. Another nice difference of my variation compared to EW is that after the corrective wave comes in you then expect a 5 wave impulse to follow but that 5 wave move will a fractal bigger, to explain in simplest terms. Fractal waves, from smaller to larger.This would have Bitcoin well over 100K :)Some targets

***Back-Test Yearly Candle Range of 2020 and 2021 -Squared to the next candle Given the recent price action curling into the arc and the fact we're coming to the end of the Gann square itself makes me think we might continue to drop until then.

Have a plan and trade that plan.Plotted this out a few days ago and its shaping up nicely now. -Top-down ICT analysis. -Hourly range with a run higher (enticing bulls) and a clear move lower, running bull stops and shifting general bias to the down-side. -levels hit-Stop run-New monthly candle PO3 in-line with higher TF analysis-50% FVG

A continuation of the tagged, higher time-frame idea. 10k monthly overlay 1/4'sHighlighting the anticipated paths for both bullish and bearish routes, but since i have specific bearish Gann squares id like to see the bearish path lining up with the Gann Box and running into the higher time-frame Gann Square.

Yearly, Monthly, Weekly, Daily and Hourly ICT levelsMost recent swing low-high and the previous high-low squared with a 1-1 time cycle-Would typically expect price to ride the arc to the downside...which in this case, if correct and we drop from here it would happen before November, otherwise the next major time cycle and price level from the Gann square would be expected.If we dont move higher here, the SSL from the Yearly chart is $3,124.51 if we start moving down like that, its likely going below $1Weekly SSL @ $38,524.00

-Prices may vary dramatically-Times should have less of a margin of error -Waves counts are the main focus hereI always have bearish and bullish ideas for wave counts, but from this perspective I would expect a clear 5 wave move higher here, with 2 clear ABC corrective waves on the way (blue highlighter)The most recent move off the high (wave 3-4) has satisfied all of my criteria for a standard ABC corrective pattern. The 5th and final wave typically has the largest and most volatile moves, which is another difference between my wave system and Elliot Waves.

I don't believe crypto will be the future of finance, like I once did.. Mostly because that change hasn't happened in the real world with your everyday stores and purchases using it world-wide. The people that sold on the way past 10k-20k-60k etc. are all out of the game and now we could easily run it the other direction, crushing bulls dreams along the way.Ultimately I feel crypto will fail, but just incase I'm wrong and the USD does crash in the coming years, then at least I've got a few cheap coins, that should take off and skyrocket, if the USD flops. Shown here is a Gann Square laid on the Weekly chart to a squaring method that's fairly common but I've modified slightly. Inside the square are 10th's ratios within a Gann Box. Lastly Elliot Wave ABC corrective wave on the weekly chart has satisfied all of my rules and could very-well be pushing this market into new higher highs.

Weekly, Daily, Hourly basic ICT analysis.Weekly (Monday - Monday) Gann Boxes with 10k halves.-Long bias would be to find support off of the minor geometry in the Gann Box, which it is currently just above. Not the best levels to manage risk from for a buy position; in my opinion.-Short bias for this market would have price move back to the major 45º Gann Box angle and likely dropping to the lower box and its respective 45º angle; making this a great entry on the short and managed risk above the recent highs. Correlation with DXY. - I would consider the dxy "over extended" at this point to the down-side and if its to continue lower would likely LAUNCH bitcoin and other markets much higher.-Economically speaking, the USA still wants presence/respect globally, especially with "hot and cold wars" going on; it makes a lot of sense to see a bit of a flex across all markets.-You can always argue from a "conspiracy theorists perspective" that bitcoin itself was created to eventually pump money into selling the USD, thus driving its value up, from the typical perspective of how markets move.

Showing the same overlay and levels as the linked idea but simply highlighting the anticipated bullish path we could take higher.The idea on the buy would be we have clearly been moving higher and we're at the current lows of a range (sideways action), so basic price action says the trend is your friend.From an ICT perspective we have created a Monthly FVG and since dropped back into and filling it nicely. Price looks as if its solidified itself within the Gann Box (highlighted circle) and could very well be bouncing from and either directly reversing higher or slowing progressing higher along the "vibration or harmonic" that price found support on (major 45º angle within the Gann Box).

Top-down ICT analysis - Obvious targets if we move lower are the Yearly FVG to come back into play and eventually held as an iFVG driving us lower. Monthly $10,000 Gann Box's - As always with the Gann box and its angles you want to find the best X and Y points, with the right ratios and you anticipate price to be within "equilibrium" as it follows the major angles in the geometry of the Gann box. For this idea I'm using halves (0, 0.5 and 1) with a $10,000 price axis and 1 calendar month for the time axis.