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i am flipping to bullish perspective if we develop the 5th wave. My macro SNP 500 is gravely bearish chart . And my bias was that it will pull Tesla down with it. However, Tesla dropped in what it seems 3 wave move, and now if we make small impulse here, it will change my opinion about shorting the TSLA stocks.

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In Elliott Wave Theory, flat corrections are a type of corrective wave pattern observed within financial markets. They occur when the market experiences a temporary pause or retracement against the prevailing trend before resuming its original direction. Flat corrections are labeled as "3-3-5" patterns, which means they consist of three main waves: Wave A, Wave...

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Nothing in this current price action leads me to believe that we have bottomed in Mosaic. I would consider another wave X in the making. Triangle or a flat. Triangle is always better because it provides more security in EW counts. Triangles are "before the last moves" corrective patterns , so X2 triangle would be secured bottom incoming since the triangular...

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I dont like the eclipsed wave looking impulsive. But this would be the best interpretation of current move on SOL. Leading diagonal should be either 53535 or 3 3 3 3 3 . It cant be a hybrid containing a bit of both. Current pa is corrective and probably will drop after any spike. Smells like flat. Have an alt count. There it is in yellow on the left side Same idea.

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This is one of the counts i am currently looking at. Regarding wave X being a Flat where we have C as an expanding diag being rarity, the fibs are working very well. Meaning Wave (C) is 1.75 comparing to wave (A). Heavy rejection wick makes me think another form of zig zag to drop into the green area. Where we would have 1:1 ratio of W to Y on a larger scale.

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Simply put, a motive wave is a price movement in the direction of the main trend. In other words, each motive wave is a step forward during a rally. Motive waves always subdivide into five smaller waves according to certain rules. After 5 waves we expect a corrective move . Most of the time that move is a pullback. Then we can expect another serie of 5 moves....

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If it gives 3 up and 5 more down, i would long this one. if not, this whole structure from the bottom of june can be counted as a 3 wave move up. Stop loss is the king

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I see bear . The retracement is way too high tho... That is my current perspective and i am ready to be wrong. But shorting these areas wouldnt be a bad idea. In ending contracting diagonals , every incoming wave should be smaller then the previous one. Stay tuned, will count this beast...

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Elliottwave is somewhat clean. Golden zone (0.65) slightly broken in linear scale. If you like white line, long it. Just know that the red pattern is also possible. Double zig zag into a golden zone. Special dish that EW players like?

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Bullish idea or 3/C play on baba incoming. The whole drop from all time high is looking impulsive , meaning that this could be a corrective zig zag play incoming. And that the ultimate bottom might not be in. The Drop impulse will be in the comment section. All in all, good set up incoming in my opinion.

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This would be the alternate to obvious impulsive 5 waves where waves 1 and 4 are not supposed to be overlapping. This spike was quite strong and it still respects the elliott wave rules. However , there could be a diagonal forming to end it. Ending diagonals that contract are Gods gift, simply because every incoming wave needs to be smaller than the previous...

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Dear Zoom, could you please decide on your direction if it doesnt bother you. Sincerely... The holders. Suggested impulsive path in yellow presented. Red count would be bearish... Waiting... for a sign of life

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This would be alternate path. I would have to suggest that the patternt is not done in 5 clean waves. Hence why i am suggesting that only the wave 4 is in. Anyways. If we have 5 down again, thats would be clean as MR propper.

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Double zig zag is in the play in my opinion. Switching the perspective to line chart gives better clarity because of the wickery. Just as having the wick above the (5), it might happen that we wont have a lower low point on XRP for ultimate bottom. Btc drops once again, and pulls everything with it, and if it finally bottoms , we might see the Bullrun,...

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The first sequence of a corrective pattern is over IMO. Either going up or forming a wave X. We frontrun 0.5 retracement of a whole structure. Yet to see the future forming so that we can apply EW pattern and perhaps call the end of 2 if it already didnt happen. Personally i expect lower lows...

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Yellow count represents wishfull thinking. IT would look like an absolute beast of an impulse. THen we could prepare for the potential pullback and set our longs. Red count would be more realistic. While red ii took time to correct, wave iv was just a consolidation. Cant be sure of the actual count so i provide both... Will update If this analysis helped...

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3.618 in log scale, not every day that we see these. If retracement levels of wave 4 are respected and we form another impulsive wave (5)... Retrace should be bought to long this one because we might be seeing a potential reversal on a macro scale.

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This would be a prolongued catastrophic draining and patientce/willpower to live outcomes be. Slow grind of a 3 wave move just to have a nother sharp drop in 3 waves to kill the current lows and run all the stops, create blood on the streets and to make people say that the crypto is dead AGAIN.... One of the potential counts...