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Current vibe, just like btc. I could see it going up . Decent area to buy is green. Previous structure (triang/ impulse) are strong supports. Go now...

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Bad news everywhere on this one. Ugliest potential C of a flat ever. Who is buying this even? Well. Perhaps people that are buying the blood. There is an impulse and the aftermath is corrective. Pick your side. Wanna short now?

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Whichever pattern you want... Strong C would be white. Orange is double zz Red is dead and right now we drop. Unpresented moon pattern isnt there.

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Similar vibe to Vechain. 2 paths presented. Perhaps mid play was a flat. Triangle unclear, too much wickery. Never exclude the sideways 2 that doesnt have to go deep. However... Everything dips, this does as well.

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Low time frame. 2 paths presented. Have to se C in a motive wave form. For the moment i dont see it. Perhaps dump incoming for all crypto. But Impulsive structure seem to be clean on this one from mid june. Expecting higher highs generaly.

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Still in accumulation zone. Wouldnt recommend shorting. At any moment , this thing can decide that it is done. For the moment i am waiting for the bearish channel to be broken impulsively, up until then, hurry up and wait.

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Yellow= done Red- more pain to come. (opportunity?) The absolute dissapointment of a coin is still not failing to dissapoint. When melt faces? Give melter

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This inbetween noise and stop hunt is more and more often seen because of the smart money concepts and markets going towards liquidity. I would call wave A micro to be an impulsive one, so i would be suprised if wave B micro goes above the 5 impulse level. Since Zig Zags are 535 structures.

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(C) isnt done IMO. i expect a retrace if we arent making some sort of a B triang into a giant LD diag. Everything is possible. But some things are less likely to happen. For the moment , i put two roads to victory.

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We are literally sitting at the golden pocket play. Move up looks somewhat more impulsive than the one that just came down. Btc is the boss. If it goes, everything goes. But this is not the time to short, maybe long rather. good luck

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Take things with a grain of salt. This would be idealised scenario for NIO to play out. Alt count would be the impulse with a LD 3rd bearish count, that i personally dont believe in, would be that this was a zig zag. and soon we will drop.

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Normally i dont like this difference between the timing of the wave 4 and 2. Still, i would repeat this is an alternate count. That would accept a further zig zag developement towards the lower prices.

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We tested the green and bounced impulsively. Hoping its not a C of some potential flat. Retrace to long with a stop loss. Expecting higher highs to come. For the moment , things are going according to plan. If no plan, then STOP LOSS!

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Current roadmap to V Doesnt have to play out like this. But some sort of a wave 3 ripper is going on. Altho it passed my targets and the trade set up was successfull, i am still in this trade. Long term hold . Wave 1 still not done on a macro

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An expanded flat correction is a three-wave pattern in Elliott Wave Theory. It includes a sharp initial move (wave A), followed by a larger retracement (wave B) that extends beyond the starting point of wave A. The pattern ends with another strong move in the direction of the main trend (wave C). Traders use this pattern to identify potential price reversals in...

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We need a motive wave to have something constructive and reliable. I would think its only 1 of an ending diagonal if its an ending diagonal. However, it doesnt have to take half of the august for this to find its feet. Its just a represenation of a supposed further developement that should play out all in 3 waves.

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Not certain on the shape of the wave B for the moment, but almost certain that the C isnt in yet. And thats the buying opportunity. This could be almost txt book exapmle of an Elliott wave 5 up and clean 3 down retracement for longing. Freaking send it!

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Its a complex count . But Flats need to end in 5. meaning Motive wave. In this case ending diagonal. 335 structure. BTC loves flats. Other count would be that we bottomed now and up we go. Doubting in that with this little reaction.