I sharpened the math & changed the Elliot numbers...added in some more notes. Visually a cleaner chart to run was one goal. There's a bounce coming. Opinion: Short overall with a healthy bounce at some point.
Komentarz:
checking another impulse set... seems to work still .. BTC 1 hour
Komentarz:
Long term (#1) RSI 3 hour...the indicator doesn't have to go to the red....At the same time it has not reached the red line. Remains a force when I look at the Long term (#2) Daily MAC'd actively heading negative now (see macd: chart #'s), what boost downward combination ??
Komentarz:
if it's #4 time... here's some "percentage targets"
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Komentarz:
The 1 Day... keeps me in the short trade....here's Daily RSI and 3 hour
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BTC 30 min Chart. What about those odd gaps that randomly happen?
link/picture to the pattern explanation www.candlestick...om/Pattern.aspx?lang=en&am...
Komentarz:
The Gap is now gone.........?
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Indicators are now low...comparable chart above .. BTC 30 min.
Komentarz:
3 hour RSI has almost hit the red line...I feel it might be the last attempted try before a larger move upwards..5% - 10% .. maybe to form #4...maybe we're in a bigger ABC....I still think an extended #3 leg approx.. 6,503 which we are at now, but hit low point approx. 6,360. hyperextended #3 leg = an insane drop to 5,376, before leg #4... which then make #5 leg easily go into the low 4,000's... a 4.8k low, that is very possible. I do not think #3 goes that low before a recognizable bounce #4 of at least 5%.