I thought that the major wave 2 correction should end at 0.092 for quite sometime. However, there are 2 things I think it make my thoguht is wrong. 1. This sideway is too long to be subwave 4. 2. Yesterday candle broke sideway trend and today candle retest it then go up. I start to buy and hold my position from today. Yeah, I might wrong again.
Until now I still think that there should be a final correction wave to below 0.1. Now it is form wave minutte 1-2 in 1-2 minute which usually result in wedge or flag pattern. I bet it is going down.
MYRO just finished another rally at 0.18x and now is in correction. The possibility are still 2 ways now. 1. A retracement of subwave 2 before going a bigger rally to new high. 2. A final retacement to complete major wave 2 around 0.09 - 0.12 Really don't know which one but in my mind still option 2.
Yesterday candle proved me wrong that it is in subwave5. I look at the bigger picture again at daily timeframe and there are many possibility. So this time it is the first that I will go with neutral. 1. If major wave 2 has completed, you will see a bigger rally. I make a green square in the past and just copy to today to illustate timeframe. 2. If major wave 2...
I will first answer the question to someone ask me a timeframe to hit my personal target 0.065 - 0.091. First of all and always need to say, it is just a pure guess. To 0.1 - 0.091 in 1-4 days. To 0.091 - 0.065 I am not sure that it will reach this area but consider BTC correction I bet it will arrive somewhere between this in 4 days - 2...
Previously, I thought it might go lower than for subwave 3 but from wave form I think I was wrong. Now it makes a zigzag rally which I think it will end around 0.149 before going down for final subwave 5.
Below is the analysis that I was banned due to wrote English in my local website. " In previous wave count, I thought sub wave 2 was zigzag. However, since now sub wave 4 is clearly zigzag so I have a better picture that sub wave 2 was expanded flat. One rule of Elliott's wave is normally wave 4 will not overlap wave 1 (there is some exception but I think it...
Since we have a quick and small zigzag in minor wave 2, here we still endure with a slow flat wave 4. I think it will go down below 0.1 but not sure where it end (previously estimate at 0.05-0.08 but it was a pure guess).
From previous time I think we complete sub wave 1 and 2 but it seems I was wrong. I think subwave 1 was comleted on 5 Apr and now we are on sub wave 2. Ending point of sub wave 2 is tricky. It is not analysis but a pure guess. Since this is minor wave 3 in major wave 3 and I hold this token myself I want it to end today or tomorrow (above EMA 20). However, no...
From my previous wave guess (analysis) last week that we are in minor wave 3 in major wave 3 after the previous down trend resistance is broken and t also came back to test yerterday. Now we are heading to test previous high again(1 time test already). If it is beoken, I think conservative target 161.8% at 35 usd is very likely. 261.8% at 49 USD is possible but...