From alth to bottom it made 5 waves Down. We are now in corrective fase up. I have provided a detailed count of the last 5th wave. Some have the last 5 th wave as b wave. That is possible but I cannot get the subwaves to fit in a b wave. If it is a b wave we are now in an expanded flat which is about to end. For now I go with 5 waves Down and look for a zigzag...
looks like we are in a 5 wave decline from top (69K), where we currently are in the 5 th wave down. Wave 2 was a zigzag and wave 4 was a complex wxy. both 2 and 4 lasted 2 months = same wavedegree. We can expect wave 5 to be equal to wave 1 and therefore a likely level to bottom is 12 k. In the short time we are in the red wave 2 . this could be finished, or we...
Ripple on its path to complete the macro wave 5. It Will take a couple of years though. It seems that the yellow 5 could be an extended one since wave 1 and 2 took a long time to complete. Firthermore wave 1 looks like a leading diagonal and typical you get a very extended 3 rd wave after a leading diagonal. We Will see how High it Can go. 12 dollars is minimum...
Looks like bitcoin has finished a double zigzag and correction could be over. Its overbought on weekly rsi and so far there is bullish divergence on Daily timeframe. 22.4 is key area so lets see if we Can break above that.
Its possible bitcoin has finished 5 waves up on the macroscale. If it has we have entered a long and devastating bearmarket that Will last years. Watch out for break out of the wedge to the downside. If we dip below 20 k it could get ugly. We will have to see how the waves develop. Im not sure if the red wave 4 in the blue wave 5 is still ongoing( I doubt it)....
Bitcoin might be making a leading diagonal up. On 2 h time frame it looks like we have completed a zigzag as a potential wave 4 of a diagonal.
Bullish scenario for Ripple. From the top we did a zigzag. Then 5 waves up as a 1st wave of higher degree. Wave 2 of that wave was a wxy wave. A flat plus a zig zag. After that we Got 2 smaller first waves. We just finished the blue wave 2 as a zigzag.
Looks like 4 th wave is complete as a running flat like ethereum. Wave 2 and 4 are almost equal in time and its posdible to count 5 waves Down in the c wave. Furthermore we have hidden bullish div. On weekly tf
This is macrocount on Ripple showing we are in a primary 5 th wave. This chart is poloniex because it has the most historic data. After wave 4 the chart have some flashcrashes that dont appear on other exchanges so the 5 th wave progression is best valuated on Bitstamp or other exchanges. After wave 4 we did two 5 wave structure up not showed here. Could be 2 1st...
On the 1/4 hour it looks like we have finished a leading diagonal
High probability that wave 4 is finished. We kan see that wave 4 has taken the same amount of time to complete as wave 2. Equality in time and alternation between pattern w 2 a sharp zigzag wave 4 a sideways running flat. Wave 5 target around 9.800 if we get equality with wave 1.
4 scenarios I look for. 1st scenario is that we have finished 5 waves from 3500K bottom and we are in a long and deep correction. If so we have likely finished wave A and we are currently in a b wave (possibly a triangle) before we get a c wave down. 2nd scenario. we are in an ext. 5th wave, and we have completed wave 1 and 2. not the most likely scenario 3rd...
Looks as if dogecoin have finished a triple correction in form of a zigzag, flat and zigzag.
Xrp macro count. I Think the correction from top is best counted as a zigzag and a flat as wxy correction. After that we Got a clean impulse up.
Bitcoin seems to have finshed 5 waves uo from 3.5 K and could now be forming a wvae 2 og higher degree. It seems that the move down form top is forming a leading diagonal towards 30.4 k area to form the first bearish wave down. Alterntive we could have an ectended 5th wave where we have finished wave 1 and wave 2. wave 2 being a double zigzag (wxy). If thats the...
Bitcoin looks to have finished a wxy correction as a wave 2. That would be a wave 2 of a bigger bullish 5 wave swing up. bottom is at 0.61 fibonacci log scale of wave 1.
looks pretty bullish on weekly timeframe. From altime high to altimelows: it was wxy correction (double zigzag with a complex wxy wave as the x wave. After the bottom it appears that we have finished a 1st wave up as a leading diagonal (triple zigzags), and that we have finished or are about to finish wave 2 of that leading diagonal. At the moment there is also...
Looks like eth could have finished a double zigzag here.