author: ClaytonLBr
date: april 19 2024
topic: strong long signal indicator, elliott waves
The news may have told the world they wish for the price of Bitcoin to fall. Contrary to their belief system and narrative pushing in the hopes that a lower price will only gain them a better chance of buy in at that lower price. Right now I am seeing lots of green arrow strong long signal indications based on a reliable elliott wave indicator used in Trading View. Many of the Layer 1 blockchains traded on Coinbase are all showing signals of strong long.
See the green diamond (I changed the signal look of the strong long to a green diamond instead of an arrow in contrast); that means strong long. The big red triangle in the top corner of the image is the complete opposite of the strong long and signals a definite loss in prices, as did happen. This time around many of the major layer 1 blockchains are showing strong long. This is usually the kind of signal commonality among many different cryptos that would be seen at a bottom of a bear market summer. The news has kept saying they want the world to believe the prices are going down. This signal in abundance cannot be ignored. It’s a sign there will be a recovery in prices pushing the price and upping the ante. Insiders completely believe the price of Bitcoin will go higher after the halving while the news continued to press the issue that they wish for the price of crypto to fall. Could their insistent news be bound to an idea driven by greed of their own? I think so. That’s why I didn’t trust them when I disregarded their fearmongering about the price of Bitcoin after the halving.
The total crypto ticker does not show a sign of strong long.
I swear I’m not creating this post to waste any time. I know that some people come up with stories to fuel their projected reality and create more content. That’s not what I’m doing and obviously if there is anyone that even reads this because I’m not sure if there is, I don’t ever get paid to do this because last time I checked no one pays for news anymore. One of the many faults of mainstream news is that of the lack of funding as seen in what most people used to trust as paper news. When paper news cannot be funded anymore in reality left to live online where ads pay for short two paragraph stories the real news gets left behind. If news on tv is still there it’s not because its news but because it’s a way to get paid show advertisements and push the agenda of the people that run the business. If real news paid the mainstream news would be a lot less watched due to being a lot less entertaining to the groups of people that tend to watch. For those people that read news online they never pay anyone to read that news and often expect to get everything for free. There is a broad difference between yesteryear’s newspaper days of paid for information compared to today’s everything is free operations only because they don’t worry and rely solely on advertisers.
Aptos and Arb also show this green diamond as well as many others. You should go check to see if your favorite crypto is showing an elliott wave signal green arrow strong long. The elliott wave indicator to do this is community shared and called EWO-S by DGT. I’ve slightly modified what the signals look like but it’s all the same there should be green arrows there. I like to use red circles and red triangles along with small green triangles and big green diamond. The indicator is quite busy by default so I clean it up and make it easier to read which is why if you start using that indicator by default it will not look like what I’ve shown in this post.
Are all these indicators at the same time going to be ignored for the sake of one ethereum or one bitcoin? I don’t think so. The last time I saw a bunch of small green arrows all at the same time the price of all crypto increased. This is a much longer indicator and since it’s a long signal and there is not much or any past to analyze for this signal it is somewhat of a guessing game. When many of the same signals show up in a bunch of different places all at the same time it is usually hard to contradict or ignore.
By contrast some have small green short arrows;
There are not red signals right now even if there are not green signals as with BTC and ETH the majority of the signals right now are green. Green means buying. For the moment it’s a buyers market and historically even when the price at the green diamond falls lower the overall price tends to remain above that price eventually in the long run worth a considerable amount of investment.
(REP) AugurV2 has already gone up.
There are so many green signals right now.
When looking at the past based on when the entire 2 year bear cycle finished last year sometime in the summer leading up to the winter season, many of the cryptocurrency never showed any signal of a strong long.
Those small green arrows as seen between September to the end of October was the bottom of the bear cycle based on a years long loss in prices. There was never a strong long green there as seen using the elliott wave indicator. Now with a price much higher there are all these indicators including the one from the image above as an example. Something is different and the halving did do something and yet how could it since all these other companies are on entirely different blockchains so the measurement of time and money on Bitcoin has nothing to do with them,. That’s what makes this event and to see all these green strong longs unexpected. Wild.
Algorand never had a strong long signal. When buying increased into the fall season of 2023 in some ways I was expecting a strong green signal first. Literally, none of these graphs shows a strong green signal at that bottom yet they show now. It is quite a dip in price which is to be expected followed by a great increase in price.
Flare did have a 2023 strong green signal but does not show one now >
Curve Dao looks to be failing > in theory, not a narrative or agendized statement.
HASHFLOW is one company with both sides showing green strong signals >
That is probably pretty bad seeing how dramatic the losses incurred were last week.
Aurora the token created as a drop to all the citizens of Iceland shows green diamonds on both sides of the chart >
I’ve been watching as HONEY hivemapper keeps showing green strong diamonds but has yet to pick up any value from the indicator. Don’t let this next image scare you away from the point of this post.
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