Alt Elliott Wave Count, if the downturn continues further it increases the probability of this wave count we would get a rally but it would be the last one of this cycle. Odds increased towards this due to the failed impulse to the upside. I don't like this wave count and it's not the main count due to how long the wave (4) has extended 200+ days compared to (2)...
Consolidation sideways and slightly up for over a year. A big move is on the horizon. From my Analysis a wave 3 of (3). I don't recommend longs as liquidations hunts can occur. One of the few Alt tokens outperforming $BTC. Twitter and Elon love the 🐸.
It appears that DXY is pausing this uptrend briefly soon. A push up with a B wave followed by a C wave correction. After that we should continue to hit the technical target of the uptrend.
