Innocent Bystander
1.2K posts

Innocent Bystander
@The86thChapter
Enjoyerrrr of financial markets, cycles and ponzis of all types 86'ing past lives




@XForceGlobal Hey Eric! What are your thoughts on something like this for LTC? Would probably go well with a month+ pullback on BTC. All of the internal ABC's are pretty clean and proportional to each other as well







$BTC 2 hours later, swing trade hit first target. ✅ Thanks for playing Alright, here you go. We waited for weeks and the power of patience shows off loud and clear here. The Astro Community knows how long the wait has been before we went long. But we also look at our PnL and realised how it was all worth it. The plan has been planned and the plan is playing out. Weekly open target 1 hit, taking off 25% of my long position here 💰 Again, $BTC showing us how our POI's and levels are important and highly sensitive, but also how the sentiment, right after most people were stopped out from being a hero and longing the dip early, played out perfectly too. Here it is, just hours after longing and calling it live, immediately up 5%. Couldn't ask for more. Congrats to all the ones who played along. And enjoy the money.




[The Grand Picture] Remember, here are currently two primary scenarios we’re tracking for the upside. Both ultimately overlap on the same macro objective: we are looking for eventual higher levels. The two options are: 1️⃣ Nested 1-2/1-2 The 1-2/1-2 has been adjusted accordingly to fit the medium timeframes to allow the current 1-2 we are in, to work accordingly with the wider range of the fib retracement level that utilizes the higher degree 1-2. 2️⃣ Leading Diagonal The Leading Diagonal theory helps to remove the inefficiencies of any impulse from the 1-2/1-2 scenario, and treats this whole move up as an imbalance between the bulls and bears, which helps translate the price action to 3-wave corrective moves. While this offers better symmetry, geometry, and timing within the internal waves, it comes at the cost on betting for a lower probability diagonal on the higher timeframe. As both scenarios portray market inefficiencies on the local timeframes, you have to understand at what level of timeframe you are willing to make sacrifices. What doesn't change, is the implication of the overall resolving nature of the trend. We are still well within bullish territory. This is why leveraged traders are at the most risk.






$ETH - Price action still looks bullish. It's funny how it's casually sitting well above $4k and people still trying to find reasons to paint it bearish.








Are there people out there the genuinely believe #Bitcoin will never make another new all time high?


















