Hello traders, SHIBUSDT in daily timeframe , According to our wave count and the analysis of the main waves 1 and 2 of this process, we are finished and now we are in the wave of wave 3.
The first wave of wave 1 has been completed and now the structure of wave 2 is being formed.
Wave 2 is mostly sharp and deep and its structure is more zigzag.
Also, wave 2 is formed in a zigzag shape and from this zigzag, waves a and b are finished and now we are inside wave c.
In short, the c-wave formed a five-wave leading triangle; From this triangle, waves 1, 2, 3, and 4 are formed very normally, but wave 5 has a lower than normal drop compared to the previous waves, and since we think that this wave is formed in the form of three waves, we will give the possibility of another drop.
In any case, break the upper side of the channel (green circle) and start climbing at least half of the whole zigzag.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
The first wave of wave 1 has been completed and now the structure of wave 2 is being formed.
Wave 2 is mostly sharp and deep and its structure is more zigzag.
Also, wave 2 is formed in a zigzag shape and from this zigzag, waves a and b are finished and now we are inside wave c.
In short, the c-wave formed a five-wave leading triangle; From this triangle, waves 1, 2, 3, and 4 are formed very normally, but wave 5 has a lower than normal drop compared to the previous waves, and since we think that this wave is formed in the form of three waves, we will give the possibility of another drop.
In any case, break the upper side of the channel (green circle) and start climbing at least half of the whole zigzag.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️