WaveFibs

WaveFibs

Overview: This chart analysis for MEWUSDT highlights key zones for scaling in and out using Fibonacci retracement levels and Elliott Wave principles. Key Tips: Identifying Wave 1 and Wave 2: The initial price spike represents Wave 1. The corrective decline retracing to the 0.786, in crypto sometimes to 0.88 Fibonacci level marks Wave 2, suggesting a potential...

WaveFibs Updated 

Updated Bonk chart. Please check the BONK chart below. Thank you.

WaveFibs

DOGE reached its peak in wave 3 in May 2021 and likely hit the bottom of wave 4 in June 2022. However, due to the ongoing corrective downtrend, a reset in wave 4 might occur. The overall expectation is for an upcoming upward movement in wave 5. It is recommended to gradually enter positions at support levels and exit at resistance areas.

WaveFibs

RNDR is currently ascending in a three-wave ABC structure, with wave A equaling wave C in target. The asset is now deep in the support zone, presenting a good opportunity to scale in for the upcoming wave C target of $25. It's advisable to begin scaling out early around $19, at the 0.786 level, rather than waiting for the precise target of $25.92.

WaveFibs

Matic peaked during wave 3 in May 2021 and reached a low in wave 4 in June 2022. However, it remains in a corrective phase, suggesting a potential alternative bottom for wave 4 may still occur. The general anticipation is for an upward movement in wave 5. Investors should consider gradually buying at support levels and selling at resistance levels.

WaveFibs

The price peaked in a 5-wave pattern as part of wave 1/C, and it's now either at or nearing a bottom, potentially reversing into wave 2/B with expectations for an upward move in wave 3/C. Currently, we're in a support zone, and I'm beginning to accumulate, although there's a chance for an extended correction in wave 2/B. It's advisable to gradually increase...

WaveFibs

VeChain peaked in three waves in 2021 during wave A, and wave B bottomed in June 2023, setting the stage for an anticipated wave C peak. Given the pattern of three upward waves and five downward waves, there is concern that the Wave C target may not be met. If the price exceeds the 2021 high, it is likely to achieve the Wave C target. Otherwise, it may peak during...

WaveFibs

HBAR has both long-term and short-term 1-2 setups currently active. We are in the midst of wave 3 of 3 of C, targeting prices between $0.44 and $0.62 for lower degree wave 3 ( extension could occur), aiming for a long-term goal of $2.24 for Wave C (A equals C). There is a consideration for scaling out at the price targets of the lower degree wave 3 and scaling in...

WaveFibs Updated 

AGIX has finished its wave-3 of 3 upward movement and is now in a downward wave-4 of 3. You can begin scaling into the green triangle, placing the smallest order at the top and the largest at the bottom. Once wave-4 of 3 concludes, I will update with price targets for the upward wave-5 of 3.

WaveFibs

We experienced a three-wave ABC rally to the February high, appearing as wave A, followed by a three-wave pullback in wave B that reached the 0.382 Fibonacci level. We now anticipate wave C to rise, with a target price of $4.55, as A=C. There is a consideration of starting scaling into support with the expectation of a dip to the 0.5 Fibonacci level, and scaling...

WaveFibs

Chromia appears to be undergoing Wave 2 of Wave C, with an anticipated further decline before the ascent of Wave 3 of Wave C begins. It's feasible that this additional low might not occur, and instead, the price could rally during Wave 3 of C. Traders are advised to gradually buy at support levels and sell at resistance. The projected price range for Wave C lies...

WaveFibs

Bitcoin may be in a 4-5 setup, with support between $53k and $57k, within the diagonal structure of a higher degree wave 5. This wave 5 is developing as an ending diagonal, potentially reaching a peak in the $100k region, which could lead to further upward movement for altcoins.

WaveFibs Updated 

Fetch ai's wave-3 has completed its upward trajectory and is now transitioning into a downward wave-4. You can begin scaling in within the green triangle; the top of the triangle represents the smallest order, while the bottom indicates the largest order. Once wave 4 concludes, I will provide an updated price target for the upcoming wave-5 ascent.

WaveFibs Updated 

Possible 1-2 setup, the price reached wave-2 support area you can scaling in into the support zone and scaling out when reaches resistance zone.

WaveFibs Updated 

BOME Potential 1-2 Setup: Begin to gradually buy at support levels and sell at resistance levels.

WaveFibs

The PYTH NETWORK 1-2 setup is currently unfolding. Wave-1 concluded its upward movement on March 18th, and we are now in a downward Wave-2, for which I've included a 0.88 Fibonacci level due to volatility. You can begin scaling into support and scaling out at resistance. Once Wave 2 concludes, I will provide the price target for Wave 3, now assuming Wave 2 has...

WaveFibs Updated 

OCEAN is currently in a downward wave-4, having breached the 50% Fibonacci retracement level, which typically marks the final point for wave-4. However, this break has not been sustained. In the crypto market, such levels are often surpassed but can still experience a rally due to high volatility. I've added an additional Fibonacci level at 0.618 as a precaution,...

WaveFibs

DXY completed a five-wave decline on the daily chart and is now in an ABC corrective phase upward. The initial target for wave C is the 100% extension of A=C at 108.489. Currently, wave-3 of wave-C is unfolding and nearing completion, soon to be followed by a downward wave-4. This wave-4 could last several weeks, during which our 1-2 setups for alternative assets...