theansweris42

theansweris42 Updated 

The alt market looks to be closing in on wave 4.2 completion against BTC with bullish momentum divergence appearing @ -78.2% on the 8h chart. T/A invalidation @ 100% retracement = ~1.027

theansweris42

Deceleration channel break-out, -61.8% retracement, 50WMA strike and bullish RSI divergence signal. Bullish MACD cross about to occur. Very bullish!

theansweris42

Pancakeswap looks to have completed a high-degree W1+W2 with a 94.1% retracement, deceleration break-out and lesser degree W1 in progress. Very bullish indeed!

theansweris42

This wave-count has a WXY correction in progress with a likely low @ ~$20k on or around 24th July 2021.

theansweris42

Daily bullish RSI divergence on my custom MDIV indicator. If you'd like to buy a perpetual licence for this indicator, the cost is presently $500. This includes access to all future updates. The number of $500 licences is limited to 10. The next 10 will be priced @ $1000. Drop me a PM to find out more and to request a 1 week free trial.

theansweris42

This wave-count has a bearish breakdown of the current sideways-inclined channel @ ~$30150. Below this a lower-low is likely. A break-out from the top of this channel increases my confidence in a larger rally.

theansweris42

Bullish divergence appearing on the 12h chart. A near-term bottom is likely in.

theansweris42

This analysis has a running triangle wave 4 in play with the final wave E now in progress. Downside target of ~$55k (50% C/D) on ~6th April before bullish continuation for the macro wave 5.

theansweris42

I see nesting Base channels on BTC and a sizeable bearish W3 move any time..

theansweris42

A possible move down from here for BTC; this wave-count has a bearish motive wave at or near completion. A break of the 61844 level invalidates this count.

theansweris42

Ignition! Next stop..the moon!!

theansweris42

The alt-market is setting up for a huge rally against BTC any time now. I see nesting W1+W2 structures with a break-out imminent.

theansweris42

Momentum divergence on the 2D chart.

theansweris42

Looks very much like an alt market bottom against BTC. Alt coins are ready to roar in the new year...

theansweris42

This model uses Elliott-wave analysis with Kennedy channelling to forecast a possible journey to 100k by end-of-2021.

theansweris42

* This is my highest-degree wave-count: ETH is gearing up for a gargantuan move against BTC in 2021 imho. * I have a completed primary-degree Base channel (beginning 28th Dec 2016) with several nesting Base channels of lesser degree now emerging. * Thick lines (Blue, Orange, Red) are 200, 100, 50 week MA. Thin Blue line is 200 DMA. * Invalidation @ 0.02629 on...

theansweris42

Illustrated here is my preferred wave-count for the year-long (Sep '19 to 'Sep 20) emergent structure in the alt-market cap (AMC) to BTC-market cap (BMC) ratio. IMHO understanding this structure is critically important to understanding whether the alt-market is or isn't likely to outperform BTC (by market cap) in the foreseeable future. It is therefore...

theansweris42

I was analysing the AMC/BMC break-out structure again this morning as something wasn't quite right with my wave-count. The nested series of W1+W2s just didn't seem to have the right rule conformity internally so I decided to dig into my Elliott wave books for some insight. I found it! I don't believe this was ever a sequence of nested Base channels but rather a...