I m terribly biased. i m just a huge bear. I m an amateur. i m new at this. This post is for me to hold me accountble and to learn. And if somebody sees it and sees where i'm wrong to correct me. As i said i m here to learn.
I think BTC is going to drop...
First of all this lower high in the total market cap has been bugging me for a while. i don't know what it means. But the total market cap helped me with the count.
on a 2h chart there is no overlap more than a wick. and 3rd wave is not the shortest.
i'm starting to see double tops... (maybe is just my bias)
some nasty bearish candles forming on 1h chart i think
and that big bad resistence that everybody has been keeping an eye on. is close.
For the MACD and RSI is too soon to tell at 1h chart even on 30 min chart. Only the histogram is going down and the lines have flatten out.
Once agian. keep in mind that i m new at this. And some of the TA analysts that i fallow and i have lernt from are very bullish. I may be wrong.
But i trust myself for now. Didn't short yet. Waiting for a lower low confirmation. But sold at the top. and time will tell.
If i was not clear my count is in the TTMC. another 1-5 down. for now.