large corporations will buy on the dip, and then launch a rocket
Post
TJK O1
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WARNING! Major Altcoin Shakeout Starting Right Now
Hello Skyrexians!
If you remember, we warned you just before the crash on February 3rd. Now we can see almost the same situation in the market by looking at $BTC Dominance. This chart can predict all the loves.
#Binance #bitcoin
On the 12-hour time frame, we can see enough candles to analyze the current momentum of the 5 Elliott waves. If you remember, Dominance is currently in the last global wave 5, and you can see that it is almost over by looking at the Bullish/Bearish Reversal Indicator [Skyrexio] on the weekly time frame. Now we look inside this wave.
Look how perfectly wave 2 retraced to the 0.61 Fib of wave 1. Then wave 3 completed in the target zone. Wave 4 retraced to the 0.38-0.5 Fib zone. At the same time, the Awesome Oscillator showed us a bearish reversal. This means that wave 4 is complete and now Dominance is preparing to rally in wave 5. The target is 66%, but the maximum pain target is 69%. It is unlikely, but keep it in mind.
Best wishes,
Hello Skyrexians!
If you remember, we warned you just before the crash on February 3rd. Now we can see almost the same situation in the market by looking at $BTC Dominance. This chart can predict all the loves.
#Binance #bitcoin
On the 12-hour time frame, we can see enough candles to analyze the current momentum of the 5 Elliott waves. If you remember, Dominance is currently in the last global wave 5, and you can see that it is almost over by looking at the Bullish/Bearish Reversal Indicator [Skyrexio] on the weekly time frame. Now we look inside this wave.
Look how perfectly wave 2 retraced to the 0.61 Fib of wave 1. Then wave 3 completed in the target zone. Wave 4 retraced to the 0.38-0.5 Fib zone. At the same time, the Awesome Oscillator showed us a bearish reversal. This means that wave 4 is complete and now Dominance is preparing to rally in wave 5. The target is 66%, but the maximum pain target is 69%. It is unlikely, but keep it in mind.
Best wishes,
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.