Two scenarios for Arbitrum. Black count where we have a finished impulse to the upside and we are going down to complete wave 2 if price clears 1.5427. Orange count where if price clears 2.0883 may be a tringle ((4)) and we are focusing to the upside to end wave ((5)). On this count we used log scale!
After completed a triangle pattern wave 4, above 0.6909 we are looking to the upside to complete a 5 waves structure, wave 5. Possible target 4.80 USD. On this count we used log scale!
Price overlapping makes me to think that we still are into wave 1 a leading diagonal. If so, I expect the next support level to be the 0.382 - 0.5 Fib. retracement of wave ((3)).
Watching for evidences wave 2 finished 0.702. Clearing 0.902 we will focus to the upside for wave 3 looking for price to aim for the 1.618 projection multiple between waves 3 and 1.
Impulsive price action add credence that wave (3) of ((3)) unfolds with possible target 1.618 fib extension. We used log scale on this count!
Below 0.1777 we are looking to the downside to complete wave (2) of wave ((3)). Possible target for the correction into the previous 4th wave of wave (1) of wave ((3)), approx. 0.1176 where we have also 0.618 fib retracement. Invalidation below 0.0823.
Watching for evidences for a deep retracement as 5 waves up ended 22.90. Link may start a deep retracement wave 2. RSI divergence may signal wave 5 finished 22.90. Possible target 0.382 fib retracement for wave 2 where we have also wave 4 retracement. If you want to see more and future updates follow me!
Below 760.3 we are looking to the downside for a deep correction wave 2
Above 8.05 we are looking to the upside for the wave (3) of ((3))
Cardano may have been finished 5 waves to the upside as the price hit 2.618 fib extension for wave (1) of bigger degree wave ((5)). Below 0.7650 we are looking to the downside to complete a 3 waves structure, wave 2. On this count we used log scale!
Above 0.57564288 we are looking to the upside to complete wave ((3)) of wave 3 with possible target 1.36 USD zone (1.618 fib extension) of the wave ((1)) of 3. We used log scale on this count!
Five waves to the upside may have been finished for Sushi. Bellow 1.8757 we are expecting a pullback to complete wave 2 or B.
Further, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave (iii) of 3 upper is underway. Wave (ii) may have ended at 2917.14, if so I expect a swift ascent over the coming sessions to suggest an impulse upper is extended, wave (iii). We can keep the focus up against 24750 in a still-extending wave (iii) of 3,looking for...
Further, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave 3 upper is underway above 6.510 with possible target 1.618 fib extension. Future updates will be posted as updates to this count. Daily intraday updates on 1H and 4H time frame, don`t miss them!! Good luck!
After completed 5 waves up, we are looking lower against 6.507, to complete an ABC correction, wave (2), with possible targets 0.5-0.618 fib retracement. Hit the like button if you like my analysis and follow me for future updates! Future updates will be posted as updates to this count. Daily intraday updates on 1H and 4H time frame, don`t miss them!! Good luck!
Further, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave (iii) of 3 upper is underway. Wave (ii) may have ended at 1620.15 if so I expect a swift ascent over the coming sessions to suggest an impulse upper is extended, wave (iii). We're looking for ETH to remain above 1620.15 and subdivide higher in five waves, wave...
Tellor nice move to the upside! Further, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave (v) of (3) upper is underway. Below 55.40 we are looking to the downside for a correction wave (4) Possible pullback into 45.71 - 49.40 zone and than we are expecting to go upside to finish wave (5) of the wave (5) of wave (3) with...
Watching for evidences wave ((2)) ended 6.772. A clear break of 7.069 pivot will be a good evidence to continue up. Also we may have another low if price break 6.722 as wave ((a)) has not reached 1:1 ratio with wave ((c)). If break it we are expecting to bounce into the 1:1 ratio ((a)) vs ((c)) where we have 0.764 fib retracement of wave 1 and the bottom line of...