Correction here is looking to be finishing soon - Yes we can fall more but 58-60k~ should be about it if it comes - Looking forward I'm of the belief we peak later this year somewhere in Nov/Dec around 135k~ gl.
Have plotted what I assume is the most likely scenario going forward here...expecting this to top out late this year in Nov/Dec.
So we're correcting currently and all the noobs are panic selling who recently fomo'd in on extreme greed lol...Moving forward I'm of the belief I have found the best Meme plays in the market here for upside potential - Yes we can correct a bit more and fall lower in the short term but it will be short lived and very trivial to what's coming I believe. Last cycle...
Could be early stages here of a reversal - overall this is starting a wave 3 if my assumptions on the count is correct - should scam hard.
Timelines may not be accurate here but it's pretty safe to assume we top in Nov/Dec this year....targets are based off fibs and count is what I fractally see coming for now.
Plotting this under the assumption that we've just started wave 3 and are correcting the first leg - I know the targets look crazy but they're not as unrealistic as some may think...Remember Doge had 100bil~ in it last cycle and that was on ETH where gas fees cost heaps - the barrier to entry has been removed with Solana meme coins as fees are so low allowing...
Still expecting more now from crypto overall - I think memes as a whole will do very well and the larger ones find a lot of love going forward.
Looks to have finished a wave 1 and we're in the process of correcting which I assume is wave 2 - if the hype continues around this I believe it could do some big numbers this cycle.
Tops probably in...you know what they say high tps low iq - damp it.
Targets derived off fibs - let's see how high this frog can jump.
Targets are derived off fib numbers let's see if this plays out.
Counts look pretty set in for me...scamonomics hold and we're going to the moon.
Yea if this is wave 1-2 done we're setting up for a parabolic rise (wave 3) - if scamonomics are in tact expect huge gains.
Wave count plotted on log scale for what I assume is coming.
Looks like we're going higher...scamonomics in tact send it lol.
Market is clearly getting very fomo driven and memes are getting the love - sounds crazy but buying pullbacks like this probably smart lol.
yea this move can be donezo here - expect mega down in the coming weeks/months.
There is a good chance 5 waves up here have completed and we're going to start correcting hard - there is also the possibility I'm off by 1 high but structure fits for this count to be valid.