Alikze → TOTAL3 | Completing wave 3 up

Updated

In time D1 and H8, it is moving in an ascending channel, which has now entered an ascending rally after an ascending cycle and a correction in the form of three waves, which is now in the ascending wave 3, which has the ability to reach certain areas. will have the This moving wave has so far returned 100% of wave 1, which has the ability to reach 1.272 and 1.618, and then, if corrected, it will enter corrective wave 4, and finally wave 5 can extend to at least the specified supply area.
The current wave can have two behavioral scenarios according to the supply area of the previous ceiling.
First scenario: pull back internally and continue the route
The second scenario: the failure of the supply and pullback area and the continuation of the path, which if this scenario is realized, should extend to the indicated Fibo areas.
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Note

The TOTAL3 index has faced a negative reaction after hitting 1.272 fibo, if the neck line is broken downwards, we will witness the withdrawal of capital from the crypto market and market correction. But if it breaks against the specified supply area, this wave three will have the ability to enter the crypto market up to 1.618 Fibo and we will witness another pump in Bitcoin to the specified area in the Bitcoin post.

Note

According to the previous analysis, it seems that after breaking the supply zone and pulling back to it, this time it will succeed in breaking 1.272 Fibo for the next target. Therefore, based on the Dominance Tether data, it is confirmed that we should see a growth in the crypto market again.

Note

Yes, finally, according to the scenario, the 1.272 area was broken and Dominance Tether also reached the target in H1 time.

Note

Currently due to the failure of 1.618 fibo for the supply zone. You can wait for a pullback (possible market correction).
It is in wave 3 out of 5.

Note

According to the analysis of this wave 5, the supply area has been continued and completed, and then the market has faced selling pressure. Now the market can have a temporary recovery and return and probably should form a correction form. If the above area is broken, I will update its behavioral scenario. But currently, according to Tether's dominance, which should probably pull back against the broken structure, we should wait for the formation of a corrective form in the market.
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alikze

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