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**XRP Elliott Wave Correction Scenarios:** 🔹 **Wave 2 Corrections:** - **Zigzag (5-3-5):** Sharp drop, retracing **61.8-78.6%** of Wave 1. 🚀 - **Flat (3-3-5):** Sideways chop, retracing **38.2-61.8%** (watch for expanded flats). 📉 - **Running Flat:** Bullish signal if C-wave **fails to break A**. ⚡ 🔹 **Wave 4 Corrections:** - **Triangle...

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Bitcoin is currently in a sideways corrective pattern, which opens the door to multiple possible scenarios. Depending on market sentiment and liquidity, BTC could be forming a complex correction, such as a running flat, expanded flat, or even a triangle consolidation before the next impulsive move. This period of indecision allows both bulls and bears to test key...

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📊 XRP is shaping up nicely with a clean structure, hinting at the formation of another 1-2 wave setup. If this pattern holds, we could be gearing up for a strong impulse move ahead. Watching key support levels for confirmation. 🚀

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Bitcoin may have technically completed its **macro 5th wave**, but there’s also the possibility that what we’re seeing is just **wave 1 of 5** within that final impulse. If that's the case, this would mean we’re in the early stages of an extended 5th wave structure, implying that after a corrective wave 2, we could still see much higher prices as waves 3, 4, and 5...

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Whoever has some knowledge in Elliott Wave theory knows that waves 3 are the monsters that need to be caught. You can even see the circled iii size comparing to other two waves. Having said that and knowing that Elliott wave is a fractal thing... we could be potentially watching an opportunity of a life time Wave 3 in Elliott Wave Theory is typically the...

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Either something completed or this was just a wave 1 of the next incoming sequence of a motive wave in Elliott Wave theory. I dislike calling truncations but here we have an extended 3rd wave and a deep supposed 4th wave which gave almost equal size within the 1st and 5th wave.

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In Elliott Wave Theory, an **extended 5th wave** occurs when the fifth wave of an impulsive wave structure elongates beyond the typical proportions compared to waves 1 and 3. This often happens in highly trending markets, where the final burst of momentum is driven by exuberance or panic. Here’s a possible comment: "The extended 5th wave suggests that the...

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This could be a triangle set up on xrp. This beast needs to keep on keeping on. Next swing could go even past the 5 $ if the whole crypto space decides to keep running. Depends on the btc big daddy

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Rivian Could actually go finally. Decent reaction of the lows that could be regarded as an impulsive wave after circled 2. This could be a long term hold. Will provide the larger time frame as it goes. PK - Elliott wave

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Flat in my opinion is on the way. Clear indication of where we might find supports. Any completion of an impulse in the lower lows area is a buying opportunity. Targets? Too soon.

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Having an open mind can help understanding the current price action and elliott wave aspects. There is a blue impulsive wave that could indicate a connector wave in a sideways combination pattern or it could be a new impulse and now we could expect any simple corrective pattern to terminate the whole structure that started correcting on 13th of march. Waiting...

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Another leg in the horison for alts. this could be a massive transfer of goods into alts. Seems like 4 in creating. Demand zone is tested once already. Perhaps more time required for this to develop. Current price action of the supposed (A) looks corrective.

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Target is around 59 k Double zig zag combination usually happens when a first zig zag is not as far and as deep as a healthy correction should be. Trading game, waiting game.

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Wave 5 can be an absolute unexpected beast of an extended move. But if everything goes well even from this point in time, 130k would be a nice spot according to the current chart The show must go on

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Adding a red count in case we drop in an ending diagonal formation. The bottom trend line of a leading diagonal kept the price and bounced off of it. Lower lows are still posible. Xrp needs to push here if we wanna see the yellow (brick road) path.

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Wave 4 might have landed on ethereum as well, if we drop on BTC, eth will probably follow. Suggesting a double zig zag or a flat pattern , depending on this upward move on eth. If we get stuck at current levels of this update, most probably a double zig zag which would be bearish. If you ever longed eth, congradulations, bull market is still a bull market,...

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Local bottom potential on Orai . Hard invalidation under the yellow (5) white C Current pattern looks like a flat with ending diagonal in a wave C. This is typical for a wave 4 to have a sideways corrective pattern. However, nothing blocks this from being a macro wave 2 once again.

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According to the rules leading diagonals 5th wave cant truncate. Doesn't matter if they are contracting or expanding variations. Here are examples where contracting diagonals can truncate. If they are in the 5th of the 5th of an impulse.