#Silver
Recent price action makes it tempting to call this a repeat of the last cycle top.
I'll show another potential path.
What is everyone thinking?
#Bitcoin
Overnight price action has strengthened the view of a potential bottom forming in Bitcoin.
While this count remains the leader in the clubhouse, don’t fully rule out one more washout on further divergence.
$FET
FET tapped our level & bounced for over 100%(threaded)
As we discussed last update that was a HUGE level to hold
We got a nice little impulse off the low
Diag still the leader with ATH's coming. Maybe close to $10
$SUI
Another SUI plan played to perfection with a to the tick profit take level for another 45%(threaded)
That's 145% in two back to back trades
The top here is a little funky but it can work as an expanding ending diag or still working on something different
If it is finished here I expect a move sub $1.8 before a continuation higher
What other chart would you like updated today?
$ETH
Not too much has changed since our last ETH update
I still think we see that sub 1900 level
Of the 3 counts we're following. If I were to say which count I lean towards it'd be the blue count
White: A very janky impulse off the low for 1. 1800 Target
Blue: Macro degree triangle. 1600 Target
Yellow: Macro flat. RIP Target
ETH has been a major lager so far this cycle
Which count do you like best for it?
$CRV
Since a lot of you request the #CRV alt count here it is
Remember, this is IF this currently level breaks(previous chart threaded)
We just tagged a major algo almost ttt so not the best place to be cutting imo
But if that happens my next target area is that .24ish area
$BTC Long Signal
I hope you didn't get bored & sell support again anon
Our #bitcoin plan is currently up over 25% since our entry(threaded)
We're on the verge of our htf close above our key level from last update
As I mentioned in the last update we we're seeing the expected strength or volume for a Wave 3
This made me think we could potentially be seeing a 1-2 1-2 from the micro low & are about to see our volume & strength kick in for our Wave 3
This is the alt yellow micro you see
We'll watch out this leg shapes up to give us the clues as to whether we're in the 5th & top in that 82-85 area or we get that 3rd & push up into that 100k area
What do you think? Wave 5 or wave 3?
$KAS Break out or Fake out?
Been a while since our last #kas update
We got the last push into our support level before getting this 70% bounce
Per rule of alteration, we would expect some form of sideways style correction here since the wave 2(blue circle) of the same degree was sharp style
So if we reject here we'd expect a pullback to at least that .14 support level because for all we know we could be getting a triangle(sides style) & not a regular flat
Solid HTF close above that .20 level & I think kas continues to carry into that .25-.28 level to complete the macro 3rd
$PYPL
While PYPL is up 20% from our entry level this is a massive level it needs to hold(threaded)
Potential 1-2 1-2 off the low looking to get us in the 80-90 area in the mid term
$BTC Macro Exit Signal
Since nothing has really changed since my last bitcoin update(threaded)
I wanted to do something a little different for you guys
I often like to look at a fresh chart for a few reasons
1. Not get sucked into my bias based off my previous thoughts & force a count to fit
2. Sometimes a clean chart will provide some clarity
With that in mind, I've come up with this alt count
Now let me explain how & why I got here & what I'm watching as my macro exit signal
As I've talked about many times Wave 3 will often break the base channel & will often show a peak(bullish divs) in the oscillators
That peak didn't happen until much later than we'd expect(this last high)
I mentioned many times over the last year that we had yet to see the strength in volume & oscillators as we approach the upside of the base channel but that bitcoin often under performs until it doesn't
When we finally broke above the base channel we saw that increase in strength in both volume & the oscillators giving us that bullish divs we've been waiting for(yellow micro, orange macro b divs on bottom)
We can often see our wave count in the oscillators as well on both the micro(white) & macro (blue)
So now I'll cut to the chase on the macro exit since this is already getting a bit long winded
As you can see we are likely in the 4th/5th(white) of our 3rd(blue)
So I'd be expecting one more push higher on micro bearish divs before our macro 4th(blue)
After that I'll be looking for that same thing for our 5th as our exit
We should see bearish divs in the oscillators & volume on the macro(blue) while on the micro(white) we'll be looking for that 5 waved pattern
I would probably look to be taking profit earlyish during that last micro 3 & 5
You wouldn't likely catch the pico top but just as we did with our DCA entries in the last bear market (20kish) we'll do for our exits & catch the meat & potatoes of the move
I appreciate all your likes & retweets. If this gets over 100 combined I'll do another update for you guys today. Throw your request in the comments
#BTC
Here is the chart displaying the idea from my previous video.
A note from the video - I don't expect a return of signficance in time to the log channel shown. Should that happen, ideas would start to change.
Have a great weekend!
$BTC
I did a ton of updates for subs over the weekend
Bitcoin is playing as we expected
Getting one more leg down into this support level for what I believe to be the micro 4th of 3rd. Which has been the plan this whole time
I do have an alt that I'm following & if this gets 100 combined likes & retweets I'll get it posted for you guys as soon as it does