To all da holders and Apes or moon Boys. You're in a B wave triangle currently working on E wave. Good luck to all.
Appears to be a wave 4 out of 5 as per weekly time frame chart, very clear wave count down from Nio's peak. 3 subdivided very cleanly thus we should be looking at a wave 4 up.
Wave 5 looks to come into the $7 - $4 area, depending on the extension of this wave 3 coming up.
Looking for a B wave bounce soon, would like to see this 4th wave end around 50% retracement. I would recommend calls....but not yet..... chart shows no sign of bottoming yet.
Taking the most recent lows, we can analyze that Doge made a leading diagonal for wave 1 into an ABC flat for wave 2 and now supported by volume rocketing for wave 3 with viable wave 3 targets listed on the chart
Look for wave 3 to compelte at 22.02 then a wave 4 bounce to 24.80 and finally wave 5 of C should end at about 18.16 - 18.08 Good luck to all :)
As we currently sit on the weekly time frame, we show a wave 2 in dark green with the potential to bring us to .09 as our short term bear count. Currently we would in our red C wave to complete our dark green 2. Time wise a 1 to 1 parity would bring us to July of next year. Alternative Bull count would be our light green 1 and 2 with 2 being an expanded flat, thus...
Looking for PROG to enter its 5th wave, Possibly completed what appears to be a zig zag for wave 4
As the chart currently stands, we have 5 impulsive waves to the bearish side POSSIBLY completed. 100% extension of 5 would come to $3.50, wave 5 by definition just needs to break the top of wave 3 to count, which it has. Momentum indicators tell us we are in a wave 5 overall hence bullish divergence on the RSI and Mac-d . My previous count had an expanded flat for...
If price doesn't break 3.53 expect there to be a wave 5 down which will likely run the price to the ground. Daily showing an overall ABC correction since IPO and us currently in 4 / 5 / C with possibility of 4 ending already and the start to 5 / C starting. 3.53 will invalidate wave 4 as per elliott rules. Thus making the chart bullish.
Sure looks like CEI is all done with this move. Currently looking for B/C to end at 3.62 to close the gap on the 1 hr chart. Easy Bearish divergence in the RSI from waves 3 to 5. Looking to just play this B wave and get out.
Matic currently looking to solidify this wave 4 and start moving into it wave 5.
Look for a wave 5 to hit about $3.6 REQ looking to bounce any week now, finding support currently. Technically REQ can still go down to 0.05 and not break wave 4 entering wave 1 rule but iIdon't see that happening as per volume, but any things possible
Just taking a deeper dive at the overall existing count for Xela. Looking at the daily timeframe we bottomed out at 2.13 for a wave 2/5/5 on the daily chart. Since then we started a wave 1 and should finish wave 2 on the 1 hr chart thus starting our wave 3 of 3/3/5/5. 5 waves on a smaller time frame complete 1 wave on the larger timeframe. All still valid per...
Cleaned up the count for Xela based upon volume and other factors on the chart, the count leans more bullish then bearish and I do expect the price to sky rocket soon. Trading sideways currently, based upon previous volume should imply a large move ahead of us in combination with the current Elliott wave count :) Let me know what you think!
Finishing 2/1/3/5/5 for Xela. Check previous posts for other counts :)
Wave 4 possibly ended yesterday, with an official daily close one could make the argument that todays candle will be the start to wave 5 :)