📐 The Big Picture
Cycle Wave From To
I $31.55 (Jan '23) $283.48 (Mar '24)
II $283.48 $139.36 (Nov '24)
III $139.36 $444.65
IV $444.65 🔄 In Progress
🔍 Wave IV as an ABC Zigzag
Sub-wave From To
IV.A $444.65 $139.36 (−68.6%)
IV.B $139.36 $222.35 (+59.5%)
IV.C $222.35 Targeting $139–157
🎯 IV.B Fibonacci Retracement
Level Price Status
61.8% (Golden Pocket) $171.06 ❌ Broken
78.6% $157.12 🎯 Current — Reversal Zone
100% $139.36 🔴 Invalidation
🚀 Cycle Wave V Targets
Target Price R:R
T1 — Wave (1) top $222.35 3.0:1
T2 — 1.618× ext. $273.64 5.2:1
⚠️ Alternate Count — Fresh Impulse
Wave (1) $139 → $222, Wave (2) now pulling back to $157. Wave (3) follows. Both counts converge — same trade, stronger conviction.
🔔 Key Levels
Price Signal
$139.36 🛑 Invalidation
$171.06 ✅ Golden Pocket reclaim
$177.62 🚀 Structural confirmation
$222.35 🏁 First major target
📊 Trade Setup
Entry zone: $139–$157
Stop: $133.86 (below invalidation)
T1: $222.35 | T2: $273.64
Horizon: 6–12 months
💡 Thesis
Deep correction statistically mature. 78.6% Fib reached — highest-probability reversal zone. Well-defined risk, asymmetric upside. Two scenarios, one trade — both point up.
Not financial advice. Crypto-correlated equity — size accordingly.
Cycle Wave From To
I $31.55 (Jan '23) $283.48 (Mar '24)
II $283.48 $139.36 (Nov '24)
III $139.36 $444.65
IV $444.65 🔄 In Progress
🔍 Wave IV as an ABC Zigzag
Sub-wave From To
IV.A $444.65 $139.36 (−68.6%)
IV.B $139.36 $222.35 (+59.5%)
IV.C $222.35 Targeting $139–157
🎯 IV.B Fibonacci Retracement
Level Price Status
61.8% (Golden Pocket) $171.06 ❌ Broken
78.6% $157.12 🎯 Current — Reversal Zone
100% $139.36 🔴 Invalidation
🚀 Cycle Wave V Targets
Target Price R:R
T1 — Wave (1) top $222.35 3.0:1
T2 — 1.618× ext. $273.64 5.2:1
⚠️ Alternate Count — Fresh Impulse
Wave (1) $139 → $222, Wave (2) now pulling back to $157. Wave (3) follows. Both counts converge — same trade, stronger conviction.
🔔 Key Levels
Price Signal
$139.36 🛑 Invalidation
$171.06 ✅ Golden Pocket reclaim
$177.62 🚀 Structural confirmation
$222.35 🏁 First major target
📊 Trade Setup
Entry zone: $139–$157
Stop: $133.86 (below invalidation)
T1: $222.35 | T2: $273.64
Horizon: 6–12 months
💡 Thesis
Deep correction statistically mature. 78.6% Fib reached — highest-probability reversal zone. Well-defined risk, asymmetric upside. Two scenarios, one trade — both point up.
Not financial advice. Crypto-correlated equity — size accordingly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.