I've changed the count for the Dow Jones Industrial Average. The July High Broke. Am am simply moving the goal post to meet a pre conceived narrative? As much as it may seem that way to many who do not understand the fractal nature of financial markets, I am not. My job is to determine the most probable outcome. Analyze the market in totality and certainly NOT to simply label … [Read more...] about Are We Just Moving the Goal Post?
Bitcoin
Micro Count Muster – Late November 2023
Fibonacci Analysis Supporting a Bitcoin Top
We have a count to support Bitcoin having topped for the current major wave degree as discussed in the latest post. Whether that wave degree is a B wave correction or a second wave remains to be seen. Now lets take the analysis one step further and find some supporting evidence. The first aspect of this wave structure I will show you is time. Assuming a three wave zigzag … [Read more...] about Fibonacci Analysis Supporting a Bitcoin Top
BTC and ETH Liquidation Heat Map Rollup
The Liquidation Heatmap calculates the liquidation levels based on market data and different leverage amounts. The calculated levels are then added to a price bucket on the chart. As more estimated liquidation levels are added to a certain price the color of the heatmap changes. … [Read more...] about BTC and ETH Liquidation Heat Map Rollup
Bitcoin Small Timeframe Structure
It’s tough to count these small timeframes but I have two alternatives for the current structure. The top frame of the nano count suggests that wave 3 of 3 is already complete and the market is carving out an expanded flat pattern for wave 4 of 3. The bottom pane suggests more 3rd wave extensions are completing and the 3rd wave of wave 3 is still in progress. I will need to see … [Read more...] about Bitcoin Small Timeframe Structure