Neo

I enjoy to share Elliott Wave count scenarios with the EW community. I follow Neely approach, my counts might seems weird for traditional Elliotician.

[Neo @NeoWave_crypto]

$BTC #bitcoin overall cycle update

Bearish for 2022, but long term Bullish

unless we brake below 8K, I have no reason to believe that the growth curve will not continue the upward trend.

Details in quoted tweet & on the chart

https://t.co/srgarSPzik

[Neo @NeoWave_crypto]

$BTC #Bitcoin Bottom ?

My view is that is you try to take all highs and lows grows curve from the history, there is a confluence around 10K between mid sep 2022 and mid feb 2023.

This is inline with my EW count of quoted twit

https://t.co/D87pPHu74g

[Neo @NeoWave_crypto]

@camugere2 That do not make sense for anybody. Time will tell.

[Neo @NeoWave_crypto]

@camugere2 Yes he is bullish on SPX unless we brake 4200. I don’t know anyone who had correct prediction all the time. But I like his approach on waves with time and few other added rules.

[Neo @NeoWave_crypto]

@camugere2 He has a bearish count on 6M TF, expecting to breach 10K

[Neo @NeoWave_crypto]

@KqxZCWlyWYMw4XX Hi, I've been very busy with other projects, I will not post for a while. My view is that BTC will revisit lower levels, but this may take many months within 30-15K range, before going lower sub 10K. New bullrun should happen again at some point.

[Neo @NeoWave_crypto]

$BTC #Bitcoin

I still think that it is not the right moment to go heavily in Alts

either BTC will pump and Alts will not follow, or BTC dump and Alts dump harder.

Ideal top would be 60-61% (I excluding stables).

https://t.co/uevGManlNh

[Neo @NeoWave_crypto]

$BTC #Bitcoin

It do not really matter if BTC will brake 30K area and pump (leaving alts behind) or if it will reject and dump hard (with alts to goblin town).

In both case, Alts should have their strong push after that.

[Neo @NeoWave_crypto]

@venture_charts somehow, it would be similar to the 2018 long contracting pattern exhausting everyone that endup with capitulation early 2019, but with reverse alternation expanding/contracting for 2023

[Neo @NeoWave_crypto]

@SSJGohan24 I believe that it is very unlikely that the rates are raised further much (either stabilize and close to top), so bonds ETF sounds to be a good investment for me. I have TLT and EMB ETF for myself. I also have SPY, I dont know which one will outperform.

[Neo @NeoWave_crypto]

$SPX #SP500

This is my primary scenario as of today.
I am bullish on stocks.

https://t.co/ZHybPRaXPo

[Neo @NeoWave_crypto]

$SPX #SP500 update

I usually don't like many scenarios, but the current situation offers several realistic options.

Primary: Hard Landing (Terminal)
Secondary: Bullish triangle
Alternate: Soft Landing (Diametric)

https://t.co/UGmNKyCqiZ

[Neo @NeoWave_crypto]

@SSJGohan24 I am bullish on TLT

[Neo @NeoWave_crypto]

$BTC #Bitcoin

This is the chart that prevent me to be bullish (yet) on crypto.

I dont understand how the market can pump without any inflow of FIAT to Stables.

There is the first support in about a month (if the same rate of decline continue).

[Neo @NeoWave_crypto]

@cvotrades @CryptoJules1 @MoHODLs @beranewsnetwork @jfizcrypto @permabearXBT @venture_charts @crypto_stevie @DenDidz @TradingJoker @AltstreetBet @trader_2a @collie_crypto @CycleWaveTrader @CyclesFan @ChartingCycles Thank you my friend 🙏🏻

[Neo @NeoWave_crypto]

this chart is BTC dominance vs alts (excluding stable coins)

[Neo @NeoWave_crypto]

$BTC #Bitcoin

It do not really matter if BTC will brake 30K area and pump (leaving alts behind) or if it will reject and dump hard (with alts to goblin town).

In both case, Alts should have their strong push after that.

[Neo @NeoWave_crypto]

@viet_crypto You can start read Pretcher book “Elliott wave principle” then the one from Neely “Mastering Elliott wave” and look at Neowave section Q&A where many topics are addressed. There is also courses from Neely.

[Neo @NeoWave_crypto]

$BTC #bitcoin TOTAL

The flat has been invalidated on BTC, but the FLAT looks clean on TOTAL

Time ratio would be perfect if we would top soon
C=1.618*A or (A+B)/2

That could explain the inverse behaviour of ETH on yellow wave-A vs. BTC on wave-C

https://t.co/Qrkw9ILHa9

[Neo @NeoWave_crypto]

$BTC #Bitcoin

Following yesterday's dump, the least probable is now 38.2% at 17K as we are already 50% from the target after just 15% of the time elapsed.

Most likely now is 100% extension at 9.8K.

Let's recheck after the weekly close.

https://t.co/gllAIKpTyz

[Neo @NeoWave_crypto]

@CaishenYingyang @FreedomCapital6 nobody knows, we all speculate. Sometime we will be right, sometime wrong. At the moment, I feel there is something weird, but I can be totaly wrong.

[Neo @NeoWave_crypto]

$BTC #bitcoin

Stable dominance is touching the lower part of the channel which was in sync for the last two majow top in April and November 2021.

If the stable coin quantity would be increasing, we would not be touching that channel trendline now.

[Neo @NeoWave_crypto]

@CaishenYingyang @FreedomCapital6 I would agree with you if stable qty increase (or flat). Currently it decrease significantly in both absolute and relative to total market cap. Money is leaving crypto. Majority of exchanges use stable, very few exchanges still have a FIAT channel still working. Time will tell.

[Neo @NeoWave_crypto]

This is the stable dominance chart I am using:

(CRYPTOCAP:USDT+CRYPTOCAP:USDC+CRYPTOCAP:DAI+GLASSNODE:BUSD_MARKETCAP)/(CRYPTOCAP:TOTAL-(CRYPTOCAP:USDT+CRYPTOCAP:USDC+CRYPTOCAP:DAI+GLASSNODE:BUSD_MARKETCAP))/TVC:DXY