Beamx. Orange count. Seeing 5 swings, it might be done, we start correcting. White count , flat still in progress, or something else in a sideways manner in the making and show must go on.
Better provide one more leg up if we want to even consider an impulsive wave after the completed zig zag. Currently looking lazy and corrective upwards. Red cound, double zig zag and lower lows...
Xrp still not breaking the channel even if i managed to form a somewhat clean ending diagonal . Either we are watching 12 12 or just a zig zag again. Ripple being ripple.
Before Btc develops a fifth wave. There are still some lower targets to be triggered and stops to be ran A sideways combo normally cannot contain zig zag as an actionary wave twice. So i would suggest further complex pattern to develop . Either current price action develops further in a motive manner or we will have another simple sideways corrective pattern...
This could have been the bottom of EOS. Even tho the structure is clumsy, i managed to form a Leading contracting diagonal Clean 535 zig zag into the golden zone. The current developement is not so agressive upwards... Yet things are going, so should this DINO coin
0.27 0.25 are support zones. From what it seems , this looks like a wave 4 in forming. Any drop from a base channel is a red flag, but any completed and clean corrective Elliott wave (terms ) structure is a signal to go up.
This looks clean in Elliottwave terms. Break of current levels would indicate to me the beggining of correction. Not saying that the 5th wave labeled in yellow is a must done over and end, Just logically, 1 = 5 and 3 is extended. Expecting a healthy correction
Current development looks corrective towards down side, which means that Bulls have a slight advantage in a sense of who is making a stronger market trend. Aave is still an enigma to me because i see a potential 3 wave move labeled in yellow ABC. That implies a potential lower lows on a grand scheme .
Let's say that wave 5 is incoming on LINK... 20$ would be a decent target. Higher highs are optimistic but still potential. Keep on Keeping on. Wave IV was a flat most likely A - Flat B - Zig zag C - Impulse
Yellow count would represent a larger flat and full market shakeout. However, the initial drop from 49k can be regarded both Motive or corrective. Hence why we have such a strong upwards move. This is why i added a sideways combo potential . Significance in sideways combination guideline wise is that the retracement of the initial actionary wave W should be at...
Every 5 followed by a 3 means many things in Elliott wave theory. For instance, could this thing freaking go already? You have everything you need in order to rocket... What is stopping you? 5 Waves cant be cleaner than they are?
Smaller time frame outlooks . Chop monster is chopping . Potentialy we might develop yellow 3 4 and 5 before investigating lower lows. Clear invalidation of current impulse is under (B) level. suggesting a larger Flat 335
Every zig zag is consisted of a 535 move. Motive/corrective/motive. This would be one of the patterns btc takes on it's road to commence the second sequence of 5 waves up. Currently it seems to me that B flat is printing. Green area if deeper retracement.
#RUNE This could be something. Even tho the last leg of that suggested diag doesnt play ball. #Elliottwave Suggest at least an incoming wave (c) suggested in red. Wave V? Are you up there?
#RUNE This could be something. Even tho the last leg of that suggested diag doesnt play ball. #Elliottwave Suggest at least an incoming wave (c) suggested in red. Wave V? Are you up there?
This count is somewhat different than the first idea i posted since i have tracked RIVN from that May impulsive structure. The green area could also be backtested in case we are having a flat in the last leg of current price action. If this was the bottom, first target for the wave (III ) would be 40 $
This is PK... i'm curently looking at a potential and most likely double zig zag incoming as a developing Elliott wave pattern . Double zig zag W X Y (circled micro count) Less possible imo would be green. And even less the fact that we completed a correction and we continue with the wave 3.
Impulsive wave can develope in different manners. Here is how i see it currently. At least i can separate it in two different potential patterns. This wave can either complete the wave C of a larger zig zag, or this is only the wave 1 of the macro wave 3 that will lead us to over 100 000 per BTC. Send it