CryptoKing

Christian. Family man. Centre-right. Technical Analyst. Elliotician.

[CryptoKing @ElliotWaveFib]

@REALMizkif @Lonegunman651 @RobinhoodApp Yet you trade on Robin Hood HAHAHAHHAHAHAAHAHAHAHAHAHHA

[CryptoKing @ElliotWaveFib]

@wellsymufc99 @DanielJDevane @BelfastBooks Agreed. And that salute.... oof

[CryptoKing @ElliotWaveFib]

@TotalWorldApps @CasiTrades If you've not got 2/3 elliot wave counts on the trot on an asset, are you really elliot waving?

[CryptoKing @ElliotWaveFib]

@CasiTrades I've got a target for Bitcoin right in the middle of those at $47k, but I suspect 54/58k is more likely to be the bottom.

It's definitely a possibility though

[CryptoKing @ElliotWaveFib]

@CasiTrades Take a look at this. I know 4 subwaves deep things break, but this is looking pretty good for now.

I'll be much more confident if my 2/3/3/5 ends at a suitable retrace level.

[CryptoKing @ElliotWaveFib]

@CasiTrades I've at least one book sat in front of me that would disagree with you!

[CryptoKing @ElliotWaveFib]

@CasiTrades I deffo wouldn't measure a w5 that way. I think it'll skew your target. Not that I think we need another leg up anyway, but still....

It's gonna be a fun week either way

[CryptoKing @ElliotWaveFib]

@CasiTrades So you're doing start of w1, end of w3, end of w4.

That would explain it. I do w1 start, w1 end, w4 end.

Your way will give very extended w5 targets that seems very unlikely to me, but ok, at least I understand what you're doing.

[CryptoKing @ElliotWaveFib]

@CasiTrades Inside your wave 3 - if you have it go to where you've marked C - for your subwave 4 - you'd need a fib extension on it's subwave 5 of approx 4.236 plotted with a fib ext from subwave 1&2&4

It's going to be almost impossible for your w3 to hit where you want it to.

[CryptoKing @ElliotWaveFib]

@CasiTrades What I'm suggesting is that if you think that's a subwave 4 that we're currently working on, then to get your .92 you'd need a massive w5 extension which is very unlikely.

[CryptoKing @ElliotWaveFib]

@CasiTrades I've got three sets of wave counts I'm working with, none of them have a 1.618 around 0.92

[CryptoKing @ElliotWaveFib]

@CasiTrades This would make more sense - still a very extended w3 to hit your targets....

But my primary count starts on the breakout of the triangle and that seems to fit me better.

[CryptoKing @ElliotWaveFib]

@CasiTrades Even with an extended wave 5 of that w3, you'd still be struggling to hit your w3 end target

[CryptoKing @ElliotWaveFib]

@PhantomPatriot7 @CasiTrades That makes more sense than going "all in"

To clarify it wasn't advice, it was just what I'd do. Effectively it is what I have been or am going to do.

[CryptoKing @ElliotWaveFib]

@PhantomPatriot7 @CasiTrades Selling your house to buy XRP.

Whatever you do, I wouldn't risk it all with one trade. I'd stage it in.

[CryptoKing @ElliotWaveFib]

@PhantomPatriot7 @CasiTrades Sounds like BS. If true, I would buy 20% at 1.05, 20% at $1, 20% at 90c and leave 40% in case we see the 50s or 60s.

What you don't want to do is go all in at $1 and then cry when if it hits 50c.

But all in one asset is super-risky

[CryptoKing @ElliotWaveFib]

@CasiTrades @Gerenci96993309 Deluded. He's probably lost money through the bear so he's feeling shit and projecting.

I made more money in the bear than I did in the bull. What a time to be a trader.

[CryptoKing @ElliotWaveFib]

@We5g_com @CasiTrades "charts don't work" - absolute shite, sorry mate but just because you can't work them doesn't mean they don't work. I've made a fortune through EW theory. Casi is the trader who comes closest to my style and I make bank, so you'd be wise to pay attention to her.