Even tho the impulse is ugly, its still valid and its a bounce from support area. Healthy Risk to reward here. Put a nice SL and this could go. Retracements are for buying
Dead horse seems to be impulsive of the lows. However, that impulse can be a wave C of a flat and we hit lower lows. Anyhow... White represents that the bottom is in.
If wave 4 downwards develops into a flat, then red happens. If bottom is in, then near will fly and it will be far.
Green represents a completed zig zag pattern and further uprise of ETH. Red is the continuation of the corrective pattern.
Resistance zone is met. Elliott wave can contain tripple zig zag correction that is represented with red path. If yellow happens, retrace is to be taken. (if the pa doesnt just continue up up and away) General trend should be UP
One of the biggest potential when it comes to AI coins. Buy the dip vibe... Perhaps even 100$ per coin. (ATH)
If you are an Elliotitian, everything is clear. If you arent, no worries, there is yellow path which means bottom is most likely in. Red path says that there is more pain to come. Bare in mind that this is a log scale and that linear scale looks much more scary when it comes to a huge drop of this asset. One of the support areas that should be considered is...
Looks like the bottom is in. 80% sure that the bottom is in. Impulsive looking structure of the lows. Bear algo is still not beaten in linear scale. Will wait a bit longer to see if the impulse is done. Further Elliott wave and market geometry are explained in details on the video that i published. Have a lovely day <3
I can count an impulse with a 3 wave corrective move. Green area is a demand zone where i want to see a proper impulsive reacion.
Red would be Flat with ending diag C Yellow would be top range end of an impulse with double zig zag as a retracement. White dotted line would be less likely but possible action
-Still no proper retracement. -Current feeling of bearish count. -I have bullish counts as well. -Nothing is clean on this.
Simmilar idea to BTC if this goes down. Eth gives even cleaner bearish form than btc. Still no proper retracement /correction on neither one of those two assets. Catch the fall? Gotta catch em all.
C3. AI. is impulsive of the lows on 1h timeframe. looking for a corrective retracement into the green. Hopefully it holds and bounces of that area. macro structure would be 1/2 then 1/2 Elliott wave wise.
Expecting a rally before the last drop to a demand zone. Then full send
I am expecting a retrace on Neo. Maybe one more month of correction before this goes parabolic.
Series of zig zags. Maximum amount of zig zags in Elliott wave theory is 3 consecutive ones. I can count two being completed. After a yellow wave Y, i dont see a proper motive wave, so i am hesitant to call this correction being done. Tripple zig zags are rare. But the whole crypto space is heavy for the moment and in the mode of "deciding" where is the next...
After a completed impulse there are several ways of looking at this correction. -Double zig zag would be yellow count. -Simple zig zag would be green trajectory. Both ways, green area is a demand /support zone. Has to hold, otherwise i am not interested in longing this. Waiting for a propper motive wave to bounce before longing. Crypto is scary now. Hurry up...
Xrp has a mind on its own. -Currently escaped from bearish pitchfork which is a BULL sign and a safer moment to long with a proper Stop loss. - 5/3/5 Elliott wave zig zag pattern where waves (A) and (C) are similar in lenght. Bullish sign. - After completing the (C) wave, i cant find proper impulsive structure on a small time frame. Even worse, after moving...