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EW

GBPUSD longterm viewThe pound should probably be on the verge of a correction to the 1.24 area after the crash of the past few months. However, the final low in the area between 0.90 and 0.94 is still on the agenda to follow this correction. It would also be conceivable that the large correction of 1985 to 2007 represents an x at a higher level. This would intensify the downside potential significantly further and the target on the downside would be between 0.53 and 0.87. However, I am assuming the z scenario, as this is more consistent with the waves on shorter time frames.
Short
by Elliott-Waves-2_0
Ethereum going downHello everybody! It's time to reconsider all crypto, because the correction that lasted from June until August I believe has finished. There was a small chance of a last 5th wave in both Ethereum and Bitcoin, but since Bitcoin crossed his invalidation line, I don't see any other scenario other than down. It was a nice flat from 880 to 2031.56 with a C leg which got almost 262% by Fibo. Time to move on and look for a short position now. I personally don't believe in any huge bounce from the current local low of 1423, but who knows it's the market. Looking for a further plunge. Good luck trader!
BITSTAMP:ETHUSDShort
by nanfinance
1
SHOUT OUT TO CRYPTO SAVY! AMAZON CRASH PATTERN IN BTC!I think there is a possibility that CRYPTO SAVY might nail it with his AMAZON / BTC comparison that he called out on December 2nd 2021. Looks like it's playing out perfectly so far. I'll just add the EW count that i think this crash will be to SAVY's analysis. I think we are in a "WXYXZ" complex correction (as shown in the chart). I also think we will drop under the 2018 BTC low and bottom somewhere between 1.3k to 2.8k. Let's see what happens....
BITSTAMP:BTCUSDShort
by DesertAnt_
2
$HBAR Log chart Elliott Wave Analysis. Floki here with the first of many Elliott Wave Analysis crypto updates. Starting with HBAR, a coin very close to my heart, which I will qualify as Blue Chip going forward. The RL use cases it brings to the table are undeniable. But on the technical side, is the correction done? I'd say the odds of it being done are at about 70%. There is still room (30% chance) to go lower with a final 5th wave of Ⓒ. That would make this whole move up and down a Macro i & ii. And we all know what comes next right ? The infamous wave iii on macro scale. My bias was way off in my last analysis on January. But the market has shown us its hand as of now. Trade safe y'all.
Long
by FlokiCrypto