WAVESUSDT forecastso far the price action is being contained inside the parallel channel, it needs to stay there otherwise it will need a recount.
for me the asset is still in the process of correction and it's possible that we are still missing a wave X and Wave Y.
only if it breaks the channel to the upside will I say it's bullish we can probably see a bigger rally up.
Complex
From Watchlist. YUMC. Not seeing decisive price action.This is a good long term bullish stock for me, but I'm trying to play the stocks I think will be making decisive moves. This isn't it for me. The correction is too complex. I like to see a nice wedge or flag formation, and this is a continually descending. I think they call it a flat or an expanded flat. I would like to see it finish with a zig zag or a triangle, but I'm not seeing either of those develop yet, regardless of how hard I squint.
Could it make a drastic move. Yes, of course that is always in the cards. But, I don't think it will based on the price action I am seeing here. Take all of this with a grain of salt. Whatever I'm doing here, I'm inexperienced at it. At least I can say I took the path tool and followed it, so I'm not missing anything, but still this is a tricky one. I can't imagine many retail traders thinking the shape it's making is an inviting one.
APHA SHORT>5-3-5 Grandsupercycle Complex Elliot Wave WXY Zig-ZagAs the title suggests. After a plethora of analysis. I believe we are just about to begin the final 5th wave down to complete a WXY complex zig-zag on the grandsupercycle timeframe.
This theory corroborates my other NASDAQ predictions previously posted.
This theory, that we will see multiple legs down and extreme volatility in the coming weeks.
To complete the analysis, there is an incoming dump which will take weedstocks to new lows, APHA included.
Then there will be a rebound of the stock markets over all, and then another leg down.
However, on this next next leg down, APHA will not make a lower low. It will set first higher low.
TLDR: APHA to possibly 0.80 cents USD
ALTERNATE COUNT:
That wave 5 is already complete and there is no final leg down.
Congratulation, Bitcoin! We Are On The 5th WaveYees, my friends! We did it - We went up as I predicted. This was an EXTREMELY important weekly close we had yesterday, and we managed to make that spike I told you about, and went to the upside.
We are right now just below 12,000 USD, and Our Family have already made money on this trip. But dont worry, you can still make it.This is most likely just the beginning because we have right now just entered the 5th wave, which potentially can take us all the way to 30,000 USD!!
WXY - Double Three
Everything is pointing up right now, and it finally seems like we are finished with the 4th Wave Correction. Do you remember how I was telling you about the WXY (Also know as Double Three) which is a combination pattern in Elliott Wave Theory.
Here you can see the pattern:
W: 535 Zig-Zag
X: 535 Zig-Zag
Y: ABCDE Triangle
AND the ABCDE Triangle is ALWAYS at the end of a combination pattern (NB. can be part of a B-wave though).
That means, that we cannot have more links on this pattern. Its Up OR Down now. No, more sideways. So now we get the answer no matter what. Is this the 4th wave, which I believe, or if its not then 14,000 USD was the top, and we need to go all the way down to 5k-7k USD.
D4 Loves You <3
So here we go! Please remember that LIKE, it will make me happy! Thanks in advance.
Xrp consolidation before 5th wave upXro is making 5th structure up, but in between there are long consolidations in abc form, many people cant differentiate between impulse waves and corrective waves, currently we are in complex b corrective wave ,which is 4th wave in 5th waves structure up, and before 5th wave impulsive move we need to complete big c wave structure down which is still part of 4th corrective wave.
XRP bullish outlook / how to tradeXRP performing complex elliot wave correction. Now forming a pennant after upmove, which is likely to break up. Just like the pennant formed after the downmove broke down, i expect this one to break up. Possible bounce zone should be above the last low at point D. Invalidation will be if it goes below. This means a heavier correction is coming. The green line is the confirmation level (C) for the mover higher up.
You can buy this coming pullback with stoploss below D, if your conservative you can buy if confirmation level breaks.
Target is around .7. Best of luck
Triangle on GBPNZD Points Higher - Elliott Wave analysisWe are tracking a EW triangle, complex correction on the daily time frame of GBPNZD. A triangle is a complex, five wave pattern which moves within two contracting or expanding channel lines, and also unfolds prior to the final leg. This means, once our bullish triangle fully unfolds, a new recovery into higher degree wave C, above 1.9610 level may follow. At the moment, we see leg E) of a triangle looking for support, ideally around the Fibonacci ratio of 50.0/61.8.