THX for the update👌🤝 As for me,the deeper ABC idea would make sense,especially with losing the 200 MA creating more fear,and then exploding towards $100k🤔

@XForceGlobal

11 күн бұрын

You are most certainly welcome^^ Everyone is entitled to their own views and hopefully my video has helped :)!

Superb analysis. Thank you 🙏 Very detailed and straight to the point

@XForceGlobal

11 күн бұрын

You are very welcome, Gary ^^ Hope my analysis has helped :)

Thank you, Subscribed.

Gained a subscriber here ✌️

@XForceGlobal

11 күн бұрын

Thank you for your support ^^!!

Lovely update E! Bullish until invalidated

@XForceGlobal

11 күн бұрын

You are most certainly welcome, and I always appreciate your constant support ^^!!

Yeah the wave 3 could be finished, with wave 5 of 3 truncated. A zigzag as wave 4 could be pretty interesting due too the wave 2 not been a sharp one, also making everyone think market top it's in.

@XForceGlobal

11 күн бұрын

I absolutely agree some kind of wave 3 is in. Truncation (although a bit odd), sideways, another low -- all of these are on the table. Hopefully my reduced scenarios has helped you make informed decisions ^^ Thank you!!

there will be sales pressure when the btc comes onto the market from mt.cox in July.

@georgesabanashvili

11 күн бұрын

Nobody knows what's gonna happen. it's all probabilistic

@XForceGlobal

11 күн бұрын

I agree^^ I hope my views does help give some insight though. Thank you 😊

🌊 🏄‍♂️

@XForceGlobal

11 күн бұрын

Riding the waves

This is such a short bull run then..won't this count be breaking the 4 year cycle?

@XForceGlobal

11 күн бұрын

It would indeed be a very different breed of a cycle. Bulls need to step up their game! @_@;;

And what if the RSI doesn't support the ABCDE triangle idea?? Do you take the RSI under consideration in this case??🤔🤝

@XForceGlobal

10 күн бұрын

The RSI is extremely difficult to combine with the triangle thesis because volume tends to decrease as you reach the Apex of the triangle (50-70% of the triangle). Ideally, you would want to have the RSI as neutral as possible, but since it oscillates back and forth, it just simply isn't possible to know other than to assume. Now, the RSI is best utilized when trying to identify peaks for wave 3's and 5's. You will usually see the RSI peak on most timeframes for a wave 3, with a slight margin of error of course when going back and forth between the timeframes. Furthermore, you will more often than not find an RSI divergence between waves 3 and 5, since wave 5's usually tend to increase in volume but decrease in demand as price enters it's final stages of the impulse wave, hence, which is why the RSI oscillates. This in return either creates a bullish or bearish divergence.

@MariuszTkaczyk-vc3iu

10 күн бұрын

@@XForceGlobal COPY THAT👍🤝

So are you saying this run is almost over?

@XForceGlobal

10 күн бұрын

Not entirely over, but a conclusion of the larger impulse!

Bitcoin is heading for a correction to the long term average of 40k, mean reversion is king

@XForceGlobal

10 күн бұрын

It's absolutely possible in one of the scenarios I have shared! Something to look out for, for sure 👍