AnoopLilly

I have a non financial 9-5 job. Charts, patterns and Geometry is my passion. I love doing Chart analysis in my free time #NFA# # Elliott Wave # NEO Wave # ICT

[AnoopLilly @LillyAnoop]

$BTC macro rough estimates using Fibonacci retracements and extensions. This thread also has details of the internals if you want to refer to it, plus my call for a 125K top months ahead. Most will again turn bullish on the coming rally—and that's natural—but having perspective in advance is always better IMO. This will be pinned for macro reference purposes

[AnoopLilly @LillyAnoop]

$BTC Macro Idea: Expanded B Wave - Running/Expanded C, likely expanded. I prefer WXY over ABC with an ending diagonal due to RSI divergence suggesting WXY upward. However, it’s not 100% reliable, so keeping an alternative ABC is wise. This is for macro/higher time frame reference; I’ll track lower and micro time frames separately and announce updates or changes as usual.

[AnoopLilly @LillyAnoop]

NASDAQ futures looks like an expanded flat Wave 2/B

[AnoopLilly @LillyAnoop]

NASDAQ futures spot on. Channel breaking now

[AnoopLilly @LillyAnoop]

IMO $BTC can still squeeze one more leg to the down if you count the blue Wave 2 as a combo instead of Zigzag as shown (Internal count was shared earlier as an Alt.).

Again these are best guesses it is extremely difficult to nail this count as there are way too many possible ways to count 1,2's hiding in the smaller waves on this extension.

But my primary assumption is it is a 5th Wave extension and can drop to any extended levels but typically up to 4.236 extended FIB and rarely beyond in extreme cases!

[AnoopLilly @LillyAnoop]

$BTC, now looks good for an impulse completion as anticipated!

[AnoopLilly @LillyAnoop]

@satorikyo I got your idea of a zig zag down, but I am guessing you have 126K as a Wave 3 and expecting a wave 5 to new ATH? something like this? just giving a structural look to your imagination here. Technically possible without breaking any EW rules but I wouldn't count on it!

[AnoopLilly @LillyAnoop]

$BTC, now looks good for an impulse completion as anticipated!

[AnoopLilly @LillyAnoop]

This is my best guess on $BTC right now, so just be mindful if you are long

[AnoopLilly @LillyAnoop]

@Psibirskiy Yes I see a lot from many accounts, but I never directly confront them to hurt their ego 😅 optimism sells better than facts and truth

[AnoopLilly @LillyAnoop]

Not every weekly RSI overbought/oversold is a sell/buy. You need to be aware that RSI can stay at prolongated levels for a very long time and price can be trending in the trend direction. Seeing a lot of people showing weekly RSI oversold as a buy signal which IMO is not the right way. You need a proper RSI analysis on multiple time frames starting from yearly to 4 hours to make any conclusion on macro perspective.

[AnoopLilly @LillyAnoop]

@Psibirskiy Very well explained, you are the one who uses RSI properly. I really like your calls with just the RSI, it's a powerful tool if you use it properly 👍 I was rather showing a sample in a simple way for who doesn't have much trading knowledge 😅

[AnoopLilly @LillyAnoop]

@Psibirskiy I fully agree. Many accts fancy EW counts w/o proper knowledge. Tried helping w/ good intent but faced rude ego clashes. Half knowledge in EWP = no knowledge. One EW acct called me dumb for scenarios 😅; said experts need no alts. Blocked him after wasting my valuable time 🤣

[AnoopLilly @LillyAnoop]

@satorikyo Agreed I was also expecting 95K but it seems now very difficult. Maybe it’s way bearish than I thought. Still depends on lot of factors which takes time and time can change a lot of things. Thankfully I don’t trade macro 😅

[AnoopLilly @LillyAnoop]

Crypto topped much earlier than equities that’s how it works. Highest risk assets tops first when economical conditions are not in favor just like now, global energy crisis followed by high inflation equities will also take a hit soon and that’s when crypto will have a real test 😅

[AnoopLilly @LillyAnoop]

@satorikyo Possible as shared before image 2 # bearish

[AnoopLilly @LillyAnoop]

bitcoin:native Some levels to watch for price action updated for both bull and bear count. I am anticipating a pattern to end soon

[AnoopLilly @LillyAnoop]

@JordiCharts 👍 Great work

[AnoopLilly @LillyAnoop]

@ji_chuanS It looks like in some kind of leading diagonol move to down which get's tricky until ends. Once that is completed usually a pulls back to golden zones

[AnoopLilly @LillyAnoop]

NASDAQ futures spot on. Channel breaking now

[AnoopLilly @LillyAnoop]

NASDAQ futures potential topping to watch out for

[AnoopLilly @LillyAnoop]

$DXY looks like want to break out

[AnoopLilly @LillyAnoop]

$DXY made a change to Wave 4 otherwise one impulse is completed.

[AnoopLilly @LillyAnoop]

$MSTR at 0-1/B trend line and looks very impulsive, likely break it and then we will see how it goes

[AnoopLilly @LillyAnoop]

$MSTR likely wave 4 completed (Or the ZigZag is part of correction for FLAT A or Triangle A.

[AnoopLilly @LillyAnoop]

Alternative 5 ended! so the retracement will decide which one it is

[AnoopLilly @LillyAnoop]

This is my best guess on $BTC right now, so just be mindful if you are long

[AnoopLilly @LillyAnoop]

At this point I would eliminate the case for the WXY drop and stick with an impulse here.

[AnoopLilly @LillyAnoop]

@Eroog13 https://t.co/CeADRgNdla, we have different way to count, so not sure if ending a Wave 3 or 5. Depending on that, the retracement should be a sell off for Wave 2

[AnoopLilly @LillyAnoop]

Or a 5 like this

[AnoopLilly @LillyAnoop]

At this point I would eliminate the case for the WXY drop and stick with an impulse here.

[AnoopLilly @LillyAnoop]

bitcoin:native Some levels to watch for price action updated for both bull and bear count. I am anticipating a pattern to end soon