


PK_SEND_IT
EssentialRed 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...
Seeing Flat in play just like most of other crypto coins. Two potential roads/colors of this asset. Currently bearish and waiting for a retracement. Btc and ETH didnt have a proper retracement/correction since the lows.
Algos got tested again in the demand zone. 0.5 -0.61 Elliott wave shows an impulsive structure and a flat correction being done. Rsi and Price action are showing divergence on 4 hours. Is this finally it? Or BTC will pull the rug for everything again?
Waiting for a further downwards developement. Assuming that the Ending diagonal is in play. Need a motive wave to confirm that something has ended. Motive is needed to confirm that something is beggining as well.
Elliot wave double sideways combo or expanded flat in play The Y wave can develop as a zig zag (5 /3 /5) move. Alternatively it can develop as an impulse. Currently it looks like a zig zag since wave A was gigantic drop. Waiting for a reaction in the green demand zone. Will be watching for divergences on oscilators. This is a discount in my opinion. Long term...
After hitting some important geometry algo targets, xrp is showing signs of life. Oscilators are heavy showing buy mode. Elliott wave patterns that are still active are 12/ 12 Simple impulse Double zig zag. Waiting for an impulse on a small time frame to see the further developement of xrp.
No matter what. I am seeing a motive wave downwards which could become a larger structure impulse. Just an update on previous BTC idea that followed up nicely. 5 completed waves in Elliottwave theory means that something begins and that something ends. In this case, i think that something is only beggining towards the lower prices
I still didnt see a proper retracement of USD... On the chart i pointed out with Elliott wave a possible roadmap of dollar movement which might influence crypto space to go into a retracement. Weekly bullish divergence is also formed on the RSI. Macd ema cross not yet confirmed.
I drew potential roads of XRP. Potential wave 4 is already way too deep for a typical impulsive structure. Red is bearish obviosly while white is bullish. Btc pullback might pull everything else with it. Even tho XRP historicaly had shown that it has a mind on its own.
Long term bullish. Short term want to see more downward movement