SqueaksUofA

SqueaksUofA

Updating my triangle count for the Wave 4 on XRP. This would clearly throw some people off guard as this type of price action could take up most of February before we get the final 5th wave. Yes, it is very possible the triangle has already completed and all that’s left is a retest. However, I’ve been holding since 2020, so I would not be surprised if they make...

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If XRP is going to continue to respect the triangle, we should see another rejection around $2.45. Then a 3 wave move back down to the $2.10 area, though Wave E’s are allowed to be shallow and aren’t required to touch the bottom trend line. If you think Market Makers want to continue to draw out the correction to exhaust the bulls even further, then you likely...

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Just something I’m monitoring at the moment. If the fractal plays out, next week would likely be bullish. It could start during the weekend, but the low volume normally seen during weekends makes that unlikely.

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This is my area of interest for a top on PEPE to complete its first cycle. I do still hold a small bag of PEPE, roughly 25% of my original entry at $0.0000009 June 2023. The other 75% of my original entry has been rotated into XRP. This projected target area of $0.0000188 to $0.0000232 is based on the inverse of Wave 4. If an extended Wave 5 happens, we might see...

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This is my area of interest for a top on WIF to complete its first cycle. I don’t hold this crypto in my portfolio, mainly because it did not reach my desired target on its latest correction. I needed a higher projected ROI before adding it, but I’ll still share my analysis. This projected target area of $6-$7 is based on the inverse of Wave 4. If an extended 5th...

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This is my current EW count for WIF. If we get the chance, buying below $1.20 offers a 4-5x reward if it can reach my Wave 5 target area between $6.40-$7.20. I believe the recent bump up off the lows is just a corrective sub wave 4 on the C leg of an ABC for Wave 4. The reason WIF had such a big correction after it’s Wave 3 is likely due to an extended sub wave 5...

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Running flats are rare, but extremely bullish. 3 wave A down from $48 into a 3 wave B that takes out the high of A, finishing with a 5 wave C that wicked below $12 at 85% the length of wave A. First target is $120

SqueaksUofA Updated 

XRP has been working on a macro contracting triangle for a few years now. Typically, one of the waves inside the triangle is also a triangle. I believe we have that here within macro Wave E. The smaller triangle may already be complete as there is a sharp (3-wavish) move on 30min that has already bounced from my zone. I know XRP is a slow poke though, so I...

SqueaksUofA

We have a 3 wave move down from SWB:69K and then another 3 wave move back up that takes the high. Currently rejected at the 1.05 (~$1.35T), but count is valid up to the 1.382 (~$1.68T). Final leg is a 5 wave move back down that takes the previous low. If valid, BTC likely bottoms between 300B and 100B.