


PK_SEND_IT
EssentialFirst sign of life on this one at the end of July. Ew pattern somewhat clean. Potential roads presented. Enter the matrix
2 possible bearish paths for tsla if the first descending move on the macro was a leading diagonal, Zig zag up that terminated in mid july. current move downwards doesnt give impulsive vibes. Lets see if algos will continue to be bearish Paths clean on potential pivots
Weekend sideways action in crypto space before the last drop? This count represents the second potential 12. however , bigger time frame could suggest that we are placing a Zig Zag and that we will eventually return back to the stone age with the whole crypto space.
This would be the case of a potential flat 4 forming. I repeat that the 5th wave could already be in and we could be starting the retrace and correction. Perhaps its not moment to go long, but it is the moment to be carefull on stop losses in case we shorted.
Impulsive looking structure downwards. Incoming months can show some sideways action for the wave b before we hit the C and despair on this one. Wave B can be any corrective pattern Flat/Zigzag familly/ Triangle.
Impulsive structure still holds. Question is if its gonna. Still the same issue like other coins. Sideways weekend before the last drop? Plenty of times i see 5 waves up and something that looks 3 waves down but it fails to hold.
Not so clean in wave C of the drop. Crypto tends to descend deeply for waves 2. Which should not be the case if we are making second wave of third wave. Im still 50% - 50% on the whole crypto space if we will have the bull run.
Current sugested count for BTC would be a sideways combo containing W Zig zag X Flat Y Flat Even tho this looks like an Flat structure, we cant have flats in waves B of a bigger flat accorrding to Elliottwave international. Green areas are places where i am waiting for potential supports and bounces. If we are creating (i) yellow (ii) yellow, this could be the...
Im of the opinion that we are printing the wave 3 of the last leg of the drop of Orai chain. This will go along with the last btc drop. If Btc is actually making waves 1/2. Accumulate. Then Send it!
Bear case is 12 12 red count. However, seems like it formed a leading expanding diagonal (presented in yellow) Which inclines that higher highs (regarding yellow (1)) should appear. Will it be a C of a zig zag or a wave 3 and new highs incoming.
Perhaps this could be a reversal point for Tesla. I can see 5 waves of the lows. Current pa looks corrective more than anything else, so a long with a decent stop loss wouldnt be a bad idea.
Of an Elliott wave with double combo W being a Zig zag X Flat Y Flat Some stops need to be triggered still and this would be a good road map towards 20K ish
Leading diagonal with a zig zag B or 2. getting a wave 3 down wouldnt be that logical. Leaning towards C at max if we are bearish. Bulish counts exist but i dont lean towards it right now.
Still dont see 5 significant waves down. But i am leaning bearish. Cant exclude the possibility that we are building some sort of green pattern that is presented as well.
If this pivot holds , we are good to go . Retracement is still 3 wave looking structure. Normaly 5 waves are stronger than 3. Waves 2 are usually sharp zig zags with deep retracements.. Here we have one.
Double combo. Zig zag W Flat X Flat Y waiting for 1.618 reaction or a spot for new longs. Up until then, hurry up and wait. Sometimes , when expecting lower lows, things decide to find bottom as well.
Double combo. Zig zag W Flat X Flat Y waiting for 1.618 reaction or a spot for new longs. Up until then, hurry up and wait.
Wedge somehow fits into an ending diagonal of the zig zag structure. If it was a zig zag, 1:1 is a decent bounce area. If the correction is over, higher highs are incoming. Send it safely with stop losses.