@PlanMyLesson @JJcycles There is literally alternation there - wave 2 is sharp and wave 4 is a sideways style correction in the form of a flat. There is nothing wrong with that count
@TAfxcryptolab @TheTradingHubb EW principle clearly says sharp corrections are almost always zig zags (single double or triple). Sideways corrections can include double and triple corrections but its in the word itself- they should be SIDEWAYS, not sharp. Its self explanatory. Sideways vs sharp, not abc vs wxy
@mark_cullen@CryptoCapo_ You cant remove black swans from the chart tho as they are all already priced in and you cant assume price would have taken exactly the same path after had it not happened, the count is the count at the end of the day
@Psibirskiy@TheTradingHubb Yep then it supports it even more so now i dont trust anything lol, even alts like ADA that look more like an impulse, who knows if its genuinely in this supposed wave 4
@Psibirskiy@TheTradingHubb Even on clean looking charts such as DGB, being in a wave 4 doesnt look too pretty + its about to overlap the wave 1 anyway-my point is could pretty much every alt have just done an ABC up since March 2020 instead of 3 waves of an impulse while everyone’s looking for that w4 now?
@Psibirskiy@TheTradingHubb How are you guys counting alts that overlap the run up into august last year? Soo many look like this - not sure if ABC or 1-2-1-2 or what🤕in this case, can we even trust that other alts such as ADA that dont have the overlap, are really in a wave 4 since the 2020 low?
I got quite a few of you asking about the 3's C's & E's method
I did 40 minute video for members back in the day breaking it all down
If this get a combined 600 Retweets & Likes I'll release it for you guys
It covers Pitchforks, Channels, & Position Laddering as well
🤙
@Psibirskiy Yep I agree, its gonna be interesting to see how it fits in with crypto - definitely making sure i work around the stock market tho as the direction for that is much more clear imo
@TheTradingHubb Dominance has this yearly cycle going giving pivots in septembers - cycle can always break but could be a good month for the 4th of the C high maybe
@Psibirskiy Yep I watched that🙌🏽gonna be interesting but i personally think that despite a stock market top, btc manages to make a new all time high somewhere mid year regardless, but I’ll be paying attention to the stock market really closely as the sell off is not going to be pretty lol
@Psibirskiy Also big reason to believe that some market leaders have already topped (144 months low to high is a powerful trend reversal) and IWM also went 144 months low to high back in January
@Psibirskiy I agree 100% and thanks, look forward to it🙌🏽i also think the stock market top is p much in and highly recommend watching the 1st half of this vid by glenn neely (neowave founder) on his thoughts https://t.co/hByNPap2Hg according to their time rules, the top must occur soon
@Psibirskiy Would be great to get your opinion - i think riot, blok and mara are all pretty much on the same page as btc since march 2020, so unless they magically decouple somewhere down the line, counting btc as a wxy from 2017 ending in march 2020 could be the best option