Fundorin1337

Fundorin1337

Ending diagonal for finish the correction in wave 4, this structure is characterized by being a 5 waver where every wave is subdivided in 3 waves of lower degree! The objectives would be touching the Monthly open or even better the PoC ( all market with a green rectangle)

Fundorin1337

The las move up by more than 160% in Cronos has more probabilities of being a MULTI 1-2 structure. Actually price is in the 4th wave of the minor degree wave ( invalidation of the 5th wave the Golden Pocket=0.618 FIBO retracement in logarithmical chart. The objectives ow the 5 wave of minor degree and the 5th wave of major degree are represented with the green rectangles!

Fundorin1337

Locally BEARISH - Mid-term BULLISH Possible finished Contracting Diagonal in wave 1 of the macro EW cycle from the lows of $15K. In such case we will expect a correction, preferably, in a zig-zag form. Regular targets for wave 2 are 0.5-0.786 FIBO. Green target box represents more common target area!

Fundorin1337

The channel is made by drawing a parallel channel from the start of WAVE 1 to the end of WAVE 2 to the end of WAVE 1. In EW channeling theory you will like to see a WAVE 3 which goes above the channel's top band- CHECK For WAVE 4 you want to see a re-entry into the channel and preferably price-action not going down the mid band of it - CHECK The objective of WAVE...

Fundorin1337

The WEEKLY structure from the lows are very much a 3-wave pattern rather than an impulse so with higher probabilities we are in the wave B of an upside correction. The probable B-wave touched the 0.618 Fib retracement zone( a high probability zone for B. Objectives are defined in the chart with the Fib extension!

Fundorin1337

As you can see in the chart, my future scenario would be a formation of a local wave 4 (A-B-C PATTERN). I expect that this wave would be a complex correctional structure, following the rule of ALTERNATION of Elliot Wave Theory, as our local wave 2 was a simple correction. The zone of interest is located between the 0.382-0.5 Fibo of the wave 3(wich is confirmed...

Fundorin1337

BTC volumes indicates that WAVE 3 is in process! The wave is still not over and can show us a new HIGH! After that I am expecting a correction in form of A/B/C to the 0.5 FIBO levels ( about 27.5 K +-) and the final sub/wave 5 of the global bulish mid-term WAVE 5 to reach the 1.6 of FIBO extention level ( about $35-36 K )

Fundorin1337

1:-OPEP+ downgraded the petroleum production 2:-USA Strategic Petroleum Reserves are in ATL and will need a refillment 3:- The global production(discounting the European one, which is in a decline) are in growth phase what indicates a growth of consumption of energy 4:-Elliot Waves Theory indicates also an end of the correction A-B-C

Fundorin1337

Bearish signals are appearing in the UDSDT dominance chart! Take in consideration that this chart is opposed to the BTC dominance, so it's a bullish signal for the BTC price action!

Fundorin1337

As the summer gets closer the filling process of European reserves gonna take place soon, the Usa production lost some precessing power and the North Stream gaslines being partially destroyed, we can see an exponentian growth of the Natural gas Price. First possible targets are presented on the Chart

Fundorin1337

My analisis shows me the possibility of a bearish local downtrend, to take part of the luiquidity and the posterior final 5th impulsive wave to compleate the global downtrend bounce

Fundorin1337

A first phase of the correction is over, waiting to see the reaction to further mooves!

Fundorin1337

Ethereum is following the BTC growth; here is my possible scenario by the Elliot waves analisis

Fundorin1337

BTC is going to probably close the CME Gap in the zone of 28K!

Fundorin1337

I described a possible scenario for Apecoin! In a more small period of time we can actually see a bit of correction and a final impulse to finish our 12345 wave sequence!

Fundorin1337

104.7 point and a rejection to go test the support!

Fundorin1337

I'm expecting the last 5th wave to that 0.62 Fibo zone 9.2 cents+- that I marked on the chart! Btc gonna show us some growth to that 26.300 $! Temporarelly I'm a bull; but I am not convinced of the Bull market start!

Fundorin1337

I expect a simple ABC correction as the BTC is showing some correction signals