wildhood

Optimism/USD: Gartley + WXY Elliott Wave Correction Completion A few factors that may indicate a trend reversal near term for the fast-falling optimism token: High time frame Gartley pattern potential reversal zone (PRZ). Looks like the WXY on the HTF correction is near complete, with a final drawn-out zig-zag, nearing it's AB = BC wave length comparison. The komo cloud is still trending down strongly, but getting thicker - indicating an overextension from the mean. Don't try to catch the falling knife, like I did, yesterday.Comment: Fixed the chart to show the last AB=BC zig zag:

Butterfly Harmonic Reversal + Complete Elliot Wave Correction See Chart. Lots of reasons to be cautious about remaining short. The 26 day kihon suchi cycle - measurement shows 27 only b/c the count starts with 1, not 0 - is very prominent w/ this crypto.

Optimistic Correction - Time to Accumulate Put all my thoughts on the chart: Potential reversal area if the Gartley is completed. What a complete WXY might look like. (I think the current Impluse down will belong to a higher degree ABC... zig zag?) Looks like the cycles are on a 33 day rhythm. Mid-cycle in this current nearly completed impulse move. Enjoy.

CRV Outlook - Short, then 🚀 (long) There has been a strong bullish trend for crypto during the first part of the year - this can be analyzed as a typical elliott wave impulsive move. This more recent counter trend looks like an ABC correction - perhaps a higher degree wave 2. The completion of this visible gartley harmonic could indicate a good entry into a strong impulsive move, especially if this can be counted as a C wave. Any way... in the near term - next week or two - we could see more red. But, the gartley might provide a nice entry before the higher degree wave 3 rocket takes off.

NDQ Sell in May. Looks like a bearish bat harmonic, and the completion of a diagonal. Note: "If Wave 1 is a leading diagonal, wave 3 is almost surely going to extend." from the best online resource for elliott wave guidelines.

BTC AB=CD Simple look at the HTF bitcoin price chart. I think it could be classified as a head and shoulder pattern. Throwbacks happen 60% of the time for these types of patterns.

BTC Short Reversal/Target Areas Everything I want to say is on the chart. Harmonics, resistance levels, target areas, all highlighted. Feedback is welcome.