$link I am tracking this bearish count since summer last year and it finally looks primed for a short.
The series of lower highs in the past year makes it the most probable in my opinion
sry marines. but I will join you down there for the long haul!
@TheTradingHubb One of my 2 macro scenarios as well. What bothers me a bit though is that C overshot the max extension for an expanding flat by like 10%. What do you make of that?
$arb has one more leg up left imo before a larger corrective move.
the recent run-up was an impulse in my view. so the dip that follows in the next week should be bought. Green box would be perfect
$eth people are ditching all corrective counts but in my system we never smash through mid-range on the first try.
In fact I see a flat here for wave b that hast not finished yet. We need to revisit $1300, then up
This is solid count too that no one really sees, myself included, until @badddino pointed it out.
I think $ETH has more in the tank, but $BTC is still just sitting under heavy resistance.
Important level here to determine which I lean, 50/50 for me still on Bitcoin at least.
$eth people are ditching all corrective counts but in my system we never smash through mid-range on the first try.
In fact I see a flat here for wave b that hast not finished yet. We need to revisit $1300, then up
@VisuaIIy We agree on the target but I dont think that a new impulsive move has started yet.
Correction was not deep enough yet for a w2, this weekly candle looks like shit, BTC at resistance ...
$arb took its time but should be good to go now. at 1.35 I will look for signs of reversal
btw: i changed the count a little. I dont expect an impulse down anymore. BTC is too strong for that imo
$arb reached the potential ltf reversal zone. I want it to hold here to go for the 2nd leg up punishing early shorts - before heading down in a larger move