A new swing/local top has been formed at $24692, there is a valid count for a WXY correction to the upside to have been completed. Future price action will confirm if $24692 will hold as a correction completion; notably price hit the ~1.236 fib extension at $24692 precisely before sharp rejection occured in a impulsive manner. For the bears, this could be a short...
BTC has shown a valid and quite clean potential 5 wave incline, where a false breakout of the key $24175 level occured otherwise known as a truncation or failure wave in Elliot Wave Terminology. There is a strong indcication of reversal with that clear rejection on attempt of new high partnered with the tagging of the 0.618 fib extension (gold) to the tee and also...
Idea is shown on chart! Notice Bearish Divergence as well. Please like and follow for more ideas!
As shown on chart here is a breakdown of shorter term wave cycle with clear subwaves evident which gives an indication of the larger degree position. A move towards $20200 is very likely and is an area of great confluence; current price action lies within the subminuette wave 3, therefore price should continue down in a 5 wave count before some...
From the high of 60k, it is the preferred count that BTC finds its self in a WXY correction of which we are in the extreme latter stages of such correction and the bottom could be in. Hence, as BTC becomes extremely oversold and key support areas and also fib extensions are tested there is high probability that we see a major reversal which we could be in the...
Looking at the all time history of MATIC, it can be seen that a long term Impulsive Wave Cycle to the upside has occurred; after completing a Minor Wave 5 to complete the Wave III Cycle Matic has experienced a very deep correction which it can be assumed that MATIC is correcting long term price gains as is most of the Cryptocurrency Market; it appears that the...
As shown on chart from the 13th of March 2020 to 18th of May 2021 Stellar as the crypto market did experienced a Impulsive wave cycle to the upside or otherwise a bull run, of since we then have experienced a drawn out correction quite substantial in price and time indicative that the previous long term cycle is being corrected in a possible larger Wave 2...
Ziliqua appears to be in an extremely impulsive wave cycle which can lead the asset to new high and provides a unique opportunity, the favoured wave count as shown on the chart shows that ZILIQUA can achieve substantial growth in coming month as a possible Micro Wave 2 correction could be complete whereby from the $0.23 Wave 1 high price came down in a 3 wave zig...
Bitcoin may end its downtrend as we head into the latter end of the WXY correction since the $48000 top on the 28th of MARCH, observing the higher time frames (right) and lower time frames (left) there is high potential for the corrective sequence to terminate very soon both time frames indicating we are very close to the end of the WXY correction, with lower time...
Bitcoin remains in a larger degree WXY zig zag correction; since the $43000 X wave top on the 21st of April price has trended down in a WXY wave count of a lesser degree fulfilling the Y wave of a larger degree. Bitcoin is now heading into the latter terminal stages of the larger WXY correction, price currently since in consolidation following dropping key support...
The long term wave uptrend cycle in Ziliqua remains whereby as indicated on the left (long term overview) we continue to operate inside the 5 wave Super cycle to the upside where we currently are positioned in the 5 wave Super cycle. Following hitting a wave 3 Super cycle top at $0.26 on the 15th of April 2021, the asset then corrected in a substantial WXY...
As shown on chart we are approaching a completion of the Minor Y wave, in the lower degree Y wave we are completing the C wave of the ZIG ZAG which can take us towards the -1:1 fib extension of the Minor WXY correction at $34200, upon completion of this wave cycle we can then expect an X wave of a greater degree to form whereby, the minor WXY correction forms a...
As shown on the chart this is a potential Elliot wave count playing out which operates within the larger degree cycle of WXY down from the All time high (ATH); from the high of 48 k it is proposed that we have come down in the beginning of the W wave of the Y wave of a larger degree in which we completed a 5 wave count indicated by the blue micro waves to the lows...
We continue to progress in the impulsive price action to the downside which in the larger degree wave cycle is playing out the WXY to the downside from the ATH level. We can clearly see from X wave top at ~$48,000 that we began an impulsive structure to the downside which has evolved to many wave cycles of varying degrees as shown on chart; we are now heading into...
Bitcoin is completing the 5 wave downward impulse and is currently in process of the final 5th wave which is likely to test the Weekly Orderblock level at $37000-$37500; with the ~0.5 fib extension confluencing with the top of the orderblock at $37583 and the ~0.618 fib extension of waves 1-3 sitting at $36722 just below the orderblock. If we do get a standard...
We are coming close to the completion of the 5 wave impulse to the downside which commenced at $47700 on the 30th of MARCH 2022. We maintain inside the MICRO 5th wave where 5 sub waves could potentially arise; before a reversal may occur. The $37700 area maintains as strong support and could be a likely area for a reversal, the downside sell off is likely to...
Advanced Elliot Wave analysis as depicted on chart. Please like and follow for more!!
Advanced Elliot Wave Analysis for NEAR PROTOCOL as depicted on chart