Greetings, this is a short update of the daily timeframe for Bitcoin. It seems as if the red Wave B of the red ABC correction is in and we might have started the red Wave C which would take us into the blue Wave 4 support area which sits between the 0.236 FIB at 90942.3 USD and the 0.618 FIB at 68475.9 USD. Assuming the red Wave B is in we can now calculate...
We assume that the blue Wave 4 has bottomed at the 20th December and we might have started blue Wave 5 which could form the bull market top. We did add an alternative count due to the strong selling pressure in recent days. Additionally the blue Wave 4 touched the 0.5 FIB at 178.12 USD which is a deep but valid retracement for a Wave 4. In the alternative case...
Sol seems to have finished blue Wave 4 and started working on blue Wave 5 which would probably mark the bull market top. In case blue Wave 4 isn't finished and we drop lower we need to reconsider the count but we added a potential support area sitting between 173.58 USD and 122.14 USD. Assuming blue Wave 5 started we are looking for a five wave move up now market...
Greetings, this is my back-up count for XRP in case of a breakdown of the Elliott Wave Triangle which was discusses in the previous analysis. I'd highly recommend reading the primary analysis first which is linked below as a note! In case the Elliott Wave Triangle doesn't play out and we enter a deeper correction in which we'd assume that the green Wave 4 is an...
Greetings, here is a 15 min update for Solana. We have hit the green Wave 2 support communicate in our last 15 min Elliott Wave Analysis for Solana and have seen a rally in green Wave 3 from it. The targets for the rally in green Wave 3 are at the 1 to 1 FIB at 260.05, the 1.236 FIB at 267.18 USD. the 1.38 FIB at 271.54 USD and the 1.618 FIB at 278.73 USD. If...
Greetings, here is my update for the 1H timeframe of Solana! Our Wave 2 support area of last time got hit 3 times! Congrats to everybody who took a long trade there. We hit to the 0.382 FIB which is a shallow but valid retracement. Following this we have seen a rally into our communicated target area between the 0.618 FIB at 255.45 USD and the 0.786 FIB at 267.20...
Greetings, this is my current Elliott Wave count for Bitcoin on the daily timeframe. In August we bottomed in the green Wave 4 and are working on green Wave 5 since then. Of this green Wave 5 we have finished blue Wave 1 and 2 and are close to finishing blue Wave 3 after which we expect a pullback in blue Wave 4 before another rally. Next targets for blue Wave 3...
Greetings, this is an update to my 15 min count. I changed the count slightly from an ABC to an WXY as the Wave 2 in the previous C retraced to the 0.886 FIB which makes it less likely. In the WXY we already finished the W and the X and started working on the Y wave. The Y wave is an ABC of which Wave A and B are done with B hitting the 0.886 FIB. Wave C in...
Greetings, this is currently my primary scenario for Solana but I'll also upload a second analysis with a back-up scenario so we're prepared for whatever happens! :) It looks as if Solana is forming an Elliott Wave Triangle on the lower timeframes which would finish a higher timeframe Wave 4. The most bullish scenario would be that Waves A-B-C-D are done and we...
Greetings, this is my 4H count for Solana. Currently we are working on the 5th Wave of the white 5 Wave move up which would finish the blue Wave 3. We did hit the first target for the blue Wave 3 at 137.19 USD but it seems we have the potential to go a bit higher. You can see the support area for the wave count within the white Wave 5. We assume that the white...
Greetings, this is my newest update and count for Solana :) Recently we broke out in an Elliott Wave Triangle which finished the white Wave 4 and we started working on the white Wave 5. I count the breakout as the green Wave 1 and currently we are working on the green Wave 2 in an ABC where we finished the red Waves A and B already. The blue Wave 2 Support sits...
Greetings, here an 15min Chart update for you :) I adjusted the Wave 2 support as Wave 1 stretched a bit higher. Wave 2 Support sits now between the 0.382 FIB at 230.78 USD and the 0.786 FIB at 218.57 USD now. Noteworthy is that the upper trendline of the triangle is around the same level as the 0.786 FIB of the projected Wave 2. We can count an ABC move down...
Greetings, this is my first idea of a micro count for the current breakout of Solana. Be aware it is still early on and the move up might still extend or morph so enjoy with caution. I assume that the move up is the 1st Wave of an impulsive move up in a bigger Wave 5. Currently the Wave 2 support is between the 0.382 FIB at 229.11 USD and the 0.786 FIB at 217.99...
Greetings, my primary case is that we are in an Elliott Wave Triangle which would finish white Wave 4 and start white Wave 5 which I discuss more detailed in my last analysis. This here is my secondary or back-up scenario. If we break down from the triangle I assume we get a deeper Wave 4. The support is between the 0.236 FIB at 200.34 USD and the 0.5 FIB at...
Greetings, this is my primary ETH scenario. We consider that blue Wave 4 has been finished with a WXY correction and we are starting a move up in blue Wave 5 now. The first targets for the move up are the 1.236 FIB at 3551 USD, the 1.38 FIB at 3632 USD and the 1.618 FIB at 3716 USD relative to the current blue Wave 4. If we measure the targets for blue Wave 5...
In the first rally we can count 5 Waves up (white 1) followed by a retracement into the typical Wave 2 support (white 2) between the 0.786 (at ~0.0048) and 0.5 (at ~0.0098) Fibonacci retracement where we got a bounce from (green 1). We assume the latest bounce was the 1st Wave (green 1) of the 3rd larger Wave (white 3) and we are currently testing the Wave 2...