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Healthy retracement could be longed. It is important to have an approximate idea of where one asset is in the elliott wave development. Solana is a strong project and perhaps one of the strongest crypto currencies, so if something should be consistent and stable at its rise, i think it would be this coin

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But we did see x10 and much more in crypto projects already. Wave 3 projection target is 1.618 if we anchor Trend -based fib extension tool at the origin of wave 1 , second anchor at the terminus of wave 1 and the 3rd anchor at the terminus of 2. Conservative target , use linear scale. Optimistic target, switch to log.

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If yes, then this will make people rich. However , this is just the bullish perspective. corrective channel had been broken. We are building series of 12 12 12.... The moment we see a first parabolic move, we will know that "whe should have longed before" feeling comes up. every 12 needs its own 34....

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Normally waves 3 extend. In crypto , waves 5 can be absolute beasts. This is a current wave development of btc. From my current point of view. People tend to focus on exact spots where i place my labels of waves and fixate on numbers. Please , dont do that. Waves can extend, just as much as they can be shortened.

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Primary and secondary counts. No matter where, after a 3 wave pullback, chain link should prepare for a massive 3rd wave move. And that is something that one shouldn't miss out on. I wish i could say that it is already done, however the wave 5 (yellow ) wasnt as strong as i thought it would be or as it should be in crypto. But it is 1:1 so it still stands as...

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This is one of the ideas i have in mind The initial drop was in my opinion a 3 wave move (labeled (A) (B) (C) the proof that it was , was the fact that we made a higher high on bitcoin. The fact that we made a higher high in most likely corrective manner and less likely in impulsive, makes me think that we might hit another high, before bitcoin corrects in 5...

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Some old and new rules when it comes to diagonals. Further notice can be added that diagonals actionary waves can be composed either by zig zags or impulses so Waves 1/3/5 can be Impulse or 1/3/5 zig zags We cant have hybrids where we mix zig zags and impulses. Actionary waves in ending diagonals can only be formed by zig zags and never Impulses. Every...

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Are you holding Xrp since the times of Jesus christ? Great, you must have huge back and shoulder muscles... We are approaching the final stages of the sideways action before this thing decides to melt faces. They underestimated the sleeping dragon for a long time. Yellow, indicates that we are good to go. Red. bit more pain.

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Since the supposed impulse (from what i've thought it was) failed, this would be the only alternative that i can see on RIVN. RIP up until the next significant bounce... (Motive wave...)

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Assuming that the triangle is complete, i can already count an impulsive wave marked in yellow. Retracement should be longed. Invalidation is clear. Origin of the yellow (1). 5th wave is hopefully incoming.

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After looking at this chart again, i did a recount and perhaps this would make more sense simply because of -Algos for a wave 3 -Channel that held impulsive structure Clean 3wave move into a Gz. Only thing that I am wondering right now is if we are printing a wave X or this was it. (0.65 golden zone Held)

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The more we go, the less chances of orai printing the red count... Larger corrective pattern that is. i am assuming that Orai is in the 3 of the 3, hence why a wave II circled tends to be a shallow retracement. I am providing however an alternative with the red count, and i would be a buyer even if that count prints out, just because of how clean it would...

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Looks like an impulsive pattern has printed out. Any 3 wave corrective pattern could be a potential wave 2. Long term bullish. Short term corrective incoming.

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Leading diagonal, into a corrective into impulsive. Give another 3wave corrective and this is a full send in my opinion. One of the cleaner charts out there. personally i am very interested into longing this one. Will follow long term long Short term, corrective.

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If we are actually forming a 12 12 , bulls need to show some power here. Otherwise, this falls into a category of a corrective wave and , i would keep my bias towards the red count, which doesnt have to mean that the pa will nececerily go down, but it is a sign of weakness.

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This , seems like its good enough to go. Channel still holds on a Larger time frame. 22$ not a bad profit target. 0.38 wave 4 algo held. Bounced in a motive manner. Not impulsive, but a contracting leading diag. It is what it is, lets hope for the best.

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Or i would be really sceptic about an incoming 5th potential wave that i still dont think is in. Whats good about this wave (assuming that we are doing circle yellow 4) Is that the type of this correction is a sharp zig zag which is inverse to what we saw in the wave 2 where we had a flat sideways corrective pattern. Which is a strong guideline of...

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Simmilar to EOS, AAVE doesnt show much confidence with the current move, Zig zag down was pretty clean, yet move up is overlapish which doesnt give me confidence that the correction is over.