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Wave-analysis

ADABTC - In Wave 4?Been trying to analyze ADABTC extensively to get better understanding of where in the cycle it exactly is. To be a valide wave 3 it needs to extend to 1.68 fib, yes however we dont have the next higher wave which leads me to beleive we are on wave 4 right now and still need to see the 5th wave before the ABC cycle completion. Wave 4 has retraced to 61.8 of the full cycle, bounced back off the 38% which leaves us 3 options,... 1. we retrace back to 300-3500 sats which will then probably only just break the top of wave 3 for a min 38% retracement to complete the full cycle OR 2. We break above this immediate trendline for the 5th wave target before retracing for a ABC full cycle completion. Either way, ADABTC looks like it going to be within a range over the next week or 2 however definately moving up long term. OR 3: We break the low of wave 2 ie under 2000 sats to invalidate the whole wave sequence only to find that this will be the first wave altogether of a massive move to come?? Which one will it be? Japan is one of the few places that are allowing crypto and probably moving towards cryptos. ADA is definately on the right place with the right product.
by joe2411
QSHBTC Another Expanding Flat and ready to moveQSHBTC, the world book for exchanges liquidy, wouldnt this be great if it was just ready to deploy right now with all the nonsense from governments and maniupulation! My view is we have already made the move on Wave 1, made an expanding flat and ready to make the much larger Wave 3 for QSHBTC first big cycle run. Its interesting to see the more complex wave patterns in crypto ever since the introduction of BTC futures "maniuplation" :) and many hedge funds approval to enter the "banned" crypto space. We hardly ever seen the complex patterns usually seen in FOREX now appearing in crypto. trade has been active since initial breakout with stoploss but not required, this is also a long term hold product
QLong
by joe2411
REQBTC Expanding Flat 7-800% GainsUpdate to our previous REQBTC analysis, previously we had an ABCD retracement which has now turuned into an expanding flat and looks ready to go. This is the completion of Wave 1 and 2 and rwady to move into our largest 3rd wave for this first cycle. Trade still valid and running, no stop loss hit, target still valid. Great long term investment which about to launch their main product and potentially compete with Paypal who holds a 90B Market Cap, huge potential for this product.
Long
by joe2411
BTCUSD Perfect Storm?We have a major ABCD retracement, i know most are hoping this is the end of it however with the huge amount of hedge funds being approved to enter the crypto space that leaves alot of room for maniuplation with MC at 500B. This is an alternative view of the current price action where we may see an ABCDE triangle decending wedge which falls just outside the long term holding trendline. Breaking this long term trendline would freak most people out, what a perfect spot to to seriously get everyone with weak hands to sell. Wouldnt be surprised to see an overshoot from the paranoia only to see it come right back up,... HARD AND FAST!. Should this play out we can still see a potential 7500-8500 area for a major reversal. Just HODL and dont let these funds buy your BTC! HODL
BITSTAMP:BTCUSDLong
by joe2411