@AltstreetBet We are currently at the 0.382 fib on non-log scale as well which is strong resistance. I'd say $1.25 - $1.60 max in this scenario of an ABC bounce, and top could already be in as well. Will need to keep an eye on this next pullback to see if it looks corrective or impulsive.
@chrono_chartist Same as you, I tried my best to remain bullish till the last possible second. But now, it's simply no longer bullish. Many top signals didn't fire off as they did in previous cycles, but there are some firing now. We have to adapt.
@albertotrades33 Good catch, I agree with you. Same setup on wif and Popcat. One more nuke on alts while BTC pushes $92k-ish. Some alts might make higher lows though relative to their massive wicks, and some like wif will make new lows.
@albertotrades33@Michael_EWpro Also, I think it could be as drawn by you but an ABC instead of an ABDE, and now we have completed Wave 2 of the final Wave 5 impulse as drawn by Mike.
@albertotrades33@Michael_EWpro Very interesting count. This actually makes a lot of sense from a timing perspective too imo. Any chance that the B Wave could be a Wave 5 ending diagonal?
Also, possible that the E wave is complete with a higher low here?
@TraderTmv Few know the accuracy of Total Eclipses on Crypto cycles. All ppl have to do if plot down some lines (Total solars/lunars) on the BTC chart from inception and they will be pleasantly surprised and confused.
You can use all the fancy indicators you want, but none are as accurate.
@BobLoukas Just to confirm, there's no likely possibility of breaking through ATHs this coming week and then nuking into the cycle low early next month?