


This is an update to my past 3 Arbitrum posts. Clear impulsive price action, highest volume, indicative of wave 3s/extended waves. Lots of extensions of subwaves going on in the middle of the sandwich ( 3rd wave of blue wave 3 ), Happy Trading. NOT FINANCIAL ADVICE "Markets can remain irrational longer than you can remain solvent" COINBASE:ARBUSD
Update! Subwave 3-3-3 confirmed. Expected continues grinding up as we complete the remaining wave 4,5-4,5 structures. Elliott Waves are so cool 😎
ARB according to my Elliott Wave Theory knowledge, is currently grinding up in a bullish impulse. Wave 4 retraced around 38%-50% .618 invalidation looking lonely, just how I like it 👌. Subwave 3 of 3 maybe complete as we seem to be building a triangle structure, indicative of a wave 4. Not financial advice!
Bearish wave 5 of impulse completed the Bearish Trend, now correcting to the upside in a zig zag structure, leg A & B complete, now for wave C im targeting the 1:1 of wave A. We will see if this remains a 3 wave structure, or if it runs into 5 waves it could be an A/W wave of a larger correction. I am still studying Elliott Waves so ahem, this is not financial advice!
This is my bullish elliott wave scenario for kaspa, currently beginning wave 3/3/5 of wave C so should be a nice ride up to clear our extreme of wave A at 0.12012. Conservative invalidation at the bottom of wave B 0.10159. THIS IS NOT FINANCIAL ADVICE. Its simply my opinion based on Elliott Wave Theory
KAS is currently completing wave 5 of the wave C Flat. Which would complete wave 4. Next is the 5 wave move down to complete the pink wave C of an Expanding Flat of a higher degree....after all that work, perhaps it will still be valid to call it B wave of flat of Primary degree is in! Gotta love fractals!! Not financial advice, my opinion.
Waiting for confluences to show wave 3 begin, and wave 2 finished. Highly doubt to see impulse to the upside over the holiday, although i dont see wave 2 being too much longer. Being patient and waiting for the fireworks!
just a plot to show the structure of my wave count. i havent got a target in mind for w4 or w5 yet, let alone the current w3 haha. will update with the invalidations. Alt count, still bullish. Just different sideways correction count. BINANCE:ILVUSDT