$CHZ - Macro scale Elliott Wave analysis. Weekly Log. Bullish count. I do have an alternate bearish count, but both coincide with a bounce, so for now I'll keep it under wraps. I have us having finished w4 with an WXY combo. with w1-2 finished on the 5th wave. The ratios so far are nice. A move (even a wick) below $0.0816 would invalidate this count (making wave 2 go below the start of wave 1).
*Second Chart* Daily chart (still log chart) with subwave counts.
Flokicrypto
HBAR - Ending diagonal 5th wave.My previous analysis of this coin dates back 6 months.
I got it wrong in that 70% odd should have been in favor of the correction not being done. In hindsight, there was no divergence on the weekly (there still isn't). But is that the relevant timeframe? Probably not, also in hindsight. Now, having zoomed in slightly to the 3D chart (still Log), we can see there is a nice divergence on many indicators (I've only marked RSI for clarity):
RSI
MTF
Histo
Volume
Rate of Change
Is now the right time to say that we have 70% odds of the correction is over? I won't make that mistake again :D But its looking good. I'll be waiting with an alert set on my FSS Indicator to print a buy signal on this 3D timeframe to add to my bags.
Happy and safe trades to you all.
For reference, this is the link to the former Idea is below under related ideas.
RUNE - Are your bags full ? RUNE Weekly here. (linear).
Clear bottoming pattern is forming and we're in the final stages of the WXY correction (finishing up the 5th wave of C of Y). I'm really excited about this chart and have been for sometime. The last time I added to my bags was around 1.19. If we make a new low, which is about 50/50 right now, I will add more without hesitation.
Once my FSS indicator prints a buy signal, I will also buy adding to my position. After 3 consecutive Sell signals on the 3D, I am anxiously awaiting for it to go green.
$FLOKIUSDT Super Duper Supernova! 🌙⭐️💫🌟✨What Is Floki (FLOKI)?
Floki (FLOKI) is the people's cryptocurrency and the utility token of the Floki Ecosystem. It is a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community and is inspired by (and named after) Elon Musk’s Shiba Inu.
Musk is a prominent fan of Dogecoin, although he publicly denied owning any SHIB. Floki Inu is working on “four flagship utility projects:”
An NFT gaming metaverse called Valhalla
A suite of decentralized finance products launched under the "FlokiFi" umbrella.
An NFT and merchandise marketplace called FlokiPlaces
A content and education platform called University of Floki
The community calls itself the “Floki Vikings” in honor of Floki (Musk’s dog) that was named after a Viking character.
$BTC - CME Macro 3D Elliott Wave Update $BTC - Macro Chart. Ending diagonal is starting to print out on the larger TFs. The most harmonious chart I've found is on the 3D where you can imagine the curving towards the end of C. Lots of confluence for a bounce just around 17k, including a gap from late 2020, previous resistance all the way back in 2018 and more recently, a bounce from late 2020 once again.
fib extension with those numbers gives us a 1.618 target for wave iii around 125k. This is obviously all very hypothetical and will need to be re-evaluated once the bottom is found, if it hasn't been found already.
This is my main macro count. I have an alt count where the correction could span a few more years (this being only wave C of A).
Trade safe.
$THETA - 2D Elliott Wave UpdateSomeone asked me for a $THETA chart yesterday and I found the chart very interesting in that there is a decent case for this correction being done, but also a nice strong support not too far off (approx -20-25% down)...
I drew the support line blue and its just below the red price line. If we don't make a new low, we could bounce here at any moment, but I prefer to keep all options open. Its never a good thing to not see other options.
Safe trades to all.
$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.
$FTT (Log)- Correction unlikely done here. But looks promising. This is one of my bluechip coins and has been for sometime. I miss the first move up and I don't intend to let that happen again.
Some big CT accounts are calling for sub 10$ prices. While I can understand the confluence, I still see a support well above that level. With the extended 3rd wave, I do see a good reason to bounce around the 19$ range. I see the waves clearly on this coin and I'll be tempted to short into my bias at some point in the near future. I see us finishing waves ii/Ⓨ/(C)/5 with the current 5 wave impulsive or diagonal structure. WXY is clear as day from the top of ⑤.
Safe trades to all of you. Don't forget your SL.
$BTC - #Bitcoin. My current take. If we go back to my analysis in August of 2021, you could see I had anticipated the flat. Although it went higher than anticipated, I count this as a success.
I had a bit of trouble looking into the 2017 bull run for the sub wave count, but it works. Subwaves matter, but we have established as a community that the 2017 run was wave 1 and we are currently in wave 3.
As for the current structure, if i'm wrong and the top isn't a flat, we may be in for a much longer bear market... as this could be only A playing out.
For now let's assume C is coming to an end within the next few weeks so we can look to greener pastures and a new bull run.
Safe trades to all. Stay safe out there.
$QNT - (Log chart) Getting down there soon. This is a follow up from my last (failed) idea on $QNT: It did not run independently this time. It failed to regain its EMA support and fell like the rest. But I do anticipate this coin will have one of the strongest runs in the next part of this cycle:
I see a WXY correction almost finishing and we can see there is some decent convergence support on the right side of the chart.
Let me know what you think.
Trade safe.
$MATIC - Very juicy opportunities await. This is an update from this Idea back in March. As you can see, the waves played out beautifully. Its now time to zoom in, count the waves and pinpoint where it will end its run.
So I have us going up for wave 4 of C (almost done mind you). And then the way down to finish off wave 5 like the majority of the crypto space. I have my eyes on two zones identified by the magnets. We will be able to zoom in some more as the waves come in and we get closer to bottom time.
Trade safe.
$SOL - Update on a previous Analysis. Bottom almost in.
If you click play, you'll see I have a wave analysis. I've updated the waves in this one. You can see my new targets are a bit lower, but I'm still expecting the move down to be over in the coming weeks.
We are in the final wave 5 of C in a lovely zigzag correction.
I hope this chart soothes crypto soul as it did mine. I'm wishing this Eth killer the best of luck.
Safe trades to all!
$ETH - Count is pretty clearI have charted this coin a bit lately. Although I heavily disagree with the high gas fees, it is still a mainstream coin that deserves consideration.
Waves are pretty clear. I'm expecting a deep wave 4 (up). Followed by a steep wave 5 that should be relatively short in length as well.
Lets see how this plays out.
Safe trades to all.
$AAVE (log scale) - As with many others... almost done. I have $AAVE completing a complex correction structure in an WYX combo. Fibs are out the window pretty much once the 0.88-0.9 fib range falls through, so we need to find other means of evaluating bounce zones. And in this instance I found a previous support/resistance area that I think has a decent chance of being the bottom.
As for the previous impulse. Wave 3 is clear as day on most of our indicators. <= Wave 3 is the strongest and no the shortest.
The ensuing correction is not a typical impulse but rather a series of ZigZags. Not the best waves, but its clearest counted in this way.
$XMR - Diagonal for Macro wave 1 primed for its 5
There are not many ways we can count this. IMO this is the best count.
Wave 1 was really sharp , wave 3 as well (slightly longer, but barely).
I really don't know what to target here, but I think a double top could be the way to go (it is a conservative target all things considered).
I do however see a few more downward candles after some relief.
Happy trades to all.
$ENJ (log chart) - Not quite there. There's a case for the move down being done (ABC classic ZigZag ).
But I dont like that fact that the 2D RSI here isn't above the 30 mark on its divergence. Which leads me to believe we could see one more bout of downside to finish off this correction.
The coin is making nice waves tho and I have good hopes to see it at ATH before long.
Happy trades to all.
$SOL - Almost almost ... Almost done. $SOL - I'd estimate SOL's correction being done to about 70%. Although there is still some space for it to correct, We are in divergence territory on many daily momentum indicators (MTF, Histo, RSI, ROC).
I'm counting the subwaves in the final wave down and I think we're about to see a significant bounce. It looks like we're in the final wave of the C (ABC ZigZag), looking to complete 5 which looks to be making a diagonal so far. There is some sort of support (from previous s/r) in the current range. A dip below 30$ is not out of the question, which would allow SOL to kiss the 90% fib level.
Safe trades to all.
$CHZ - Hidden gem. Maybe a bit soonish to get in. I'm a bit hesitant to spill the beans on this coin, so I'll keep it to TA .
So we have here what I suspect to be an almost completed (A) (I think we could hit the bottom of the pocket around 0.208 before bouncing for a (B). Retraces have been shallow within (A), so I don't quite know what to expect here. I do expect a mercy bounce across the market with BTC giving the alts a little breathing room within the next few days, but I don't expect it to last.
Long term, we should be seeing a challenge to the ATH late this year, but we're not quite ready for that move yet.
Lets check back on this in May.
Safe trades to all.
$BTC! CME - Between 2 gaps. Bitcoin sitting pretty here above the golden pocket. It's also sitting between 2 gaps. One is set to close below 25k, the other one closes above 36k.
I'm willing to bet we close both in sequence. The lower one first, followed by the 36k one, which should constitute our 1st subwave of the 5th and final wave of this bull run.
This is my current take on bitcoin. SAfe trades everyone.
$SOL - A coin close to my heart. Almost done here. With my recent taking up of certain NFTs related to the SOLANA chain, I've taken more interest in this coin.
It has beautiful waves. This last move down was a bit tough to watch on the sidelines, but it seems to be finishing a C wave. Expecting a last wave down to touch with previous support and the 0.9 fib.
At that level I will invest significantly into the coin and the STEPN nft project you might already know about.
Safe trades and see you all at the top.
$ALGO - Macro almost done. $ALGO is in an interesting spot here:
- Bullish divergences are bleeding through the chart.
- The bounce from the last dip was directly from the 0.9 fib level.
- There is a EW case for this final push down to be wave 5 of 5 of C.
HEre is the subwave count and the support level I expect the final bounce to be from:
$BTC.D Triangle still valid and playing out. So here we have 2 paths I think this might follow...
Green path illustrates the main count with E already finished and assuming we will go up soon to make wave (2) and retrace quite a bit to create a bit of havoc on the market. This has the potential to play out within the next few weeks at the most, followed by an ALT season.
The red path on the other hand assumes that E is actually A (leading diagonal) of E, and that the current retrace is B of E and that we will go higher and above the triangle diagonal. This would cause the market to to go below expectations and would cause some real FOMO selling.
I'm about 60/40 in favor of E being finished.
Safe Trades, avoid shitcoins, and remember, wave 4 never retraces into wave 1. *wink wink.