I believe we're headed for one more dip in altcoins before we break out of this triangle pattern, potentially targeting a market cap of $1.6 trillion. This could lead to 3x to 6x gains across the altcoin space. We're currently in the final stages of the Wave 4 pattern, and as it concludes, Wave 5 is set to emerge as the next phase.
JUP is currently exhibiting signs of a bearish divergence, which suggests that despite its recent upward movement in price, the underlying momentum is weakening. This divergence indicates a potential reversal in trend, signaling that the market may soon shift toward a downward trajectory, as selling pressure could start to outweigh the buying activity. Traders...
It seems wave 5 of wave 1 of minor degree has been concluded and now we are working now in the sharp correction of wave 2, I expect a pullback around 0.5 and .618 as a main targets, after this I am looking forward for the wave 3 of minor degree.
Bitcoin is following a perfect Leading Diagonal, and we’re nearing the completion of the pattern, with only subwave 5 left. I expect that after this final move, we may see one more shakeout before a major rally begins, potentially with a massive "god candle" signaling the start of wave 3. The upcoming U.S. elections on November 5 and the FOMC rate cut decision on...
AVAX appears to be unfolding in a leading diagonal pattern, with a final push in the minor wave 5 still to come. Afterward, we’ll need to watch for a potential retracement in wave 2 of the minor degree. Once this correction completes, the price could enter a parabolic phase, with powerful bullish candles driving it upward, potentially reaching the $99 target.
WIF is currently trading in a bearish divergence zone, signaling the likelihood of a complex correction, with an ABC pattern potentially unfolding. An entry range between 2.07 and 1.96 is possible, though this is not financial advice.
Jasmy is also forming a triangle this breakout will lead to a primary degree of wave 5.
PEPE is gearing up for a breakout from its symmetrical triangle, with all five subwaves now complete. I’m seeing it currently in the E wave, suggesting we might experience one final dip before the pattern resolves, setting up for a strong pump into the primary wave 5.
As you can see, Bitcoin is still struggling to break above the FWB:65K level. If it continues to deviate, I believe we will experience a minor pullback of 1-2 within the sub-micro degree of wave 2. However, this would still be considered a bullish correction. Trapping longs around FWB:65K is a known manipulation technique, but I believe that once we complete...
Should I be worried and cut my losses because of the war in the Middle East and the impending recession? For me, no. The lower time frames are full of noise, and if you know your game plan, don’t panic. If you are a long-term investor, that’s fine; if you like to DCA, you’re doing great! What’s important is knowing when to exit. For me, I'm still bullish unless...
I think were going into a slight correction either flat or zigzag but still keep in touch on those levels .382 to .5 as a key reversal zone. After the retracement we will impulsively going to wave 3.
Pretty difficult to side with the bulls or bears - but if we are strictly seeing this from just an Elliott Wave perspective, Solana could very well be working for the final 5th wave to the upside + considering all things like the Bitcoin Dominance. Might be working into a submicro 1-2 pullback since 200th day moving average got rejected.
I believe the leading diagonal scenario is about to unfold, with the sub-waves forming a three-wave structure that is nearly complete. However, it's a bit tricky since Waves 3, 4, and 5 are still yet to be finalized. I also think we won’t see significant dips, and if any do occur, they should be viewed as buying opportunities.
This idea represents a triangle pattern in a larger degree wave 4. Assuming wave 4 isn't yet complete, this concept helps us identify where Bitcoin will potentially bottom out before surging into wave 5.
I think we are in the final phase of correction where Z formed into a triangle pattern.
🔥 The Uptrend is Approaching ✨ It appears that the stock has completed wave (3), followed by a corrective pattern 🔀 in the form of a triangle 🔼 currently forming to represent wave (4). The only remaining wave to complete this pattern is wave E 🤌. ✨ To confirm the end of wave (4) and the beginning of wave 1 within wave (5), the following conditions must be...
With an antcipated rate cuts altcoins are extremely bullish.
We can assume that we are forming into a leading diagonal with a count subwaves 5-3-5-3-5 or 3-3-3-3-3 of wave 1, leading to completion of wave 5