Hello traders, SHIBUSDT in daily timeframe , According to the counting and analysis of the main waves 1 and 2 of this process, it is over and now we are in the wave of wave 3.
From the main wave 3, 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.
Wave 2 is formed in the form of a zigzag and from this zigzag the waves a and b are finished and now we are inside the 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, wave 5, have a more than normal downward wave compared to the previous waves, and considering that we think this wave is formed in a flattened way, we will give the possibility of another drop.
The channel was broken upwards and formed ascending, and according to the count we had, the i and ii waves were formed, and the iii wave is in its final two microwaves when it reaches the ceiling of the purple channel that we considered.
Then wave iv corrects half of wave iii and wave v goes up to half of the zigzag of wave-2, ie the range 000039.
🙏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!❤️
From the main wave 3, 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.
Wave 2 is formed in the form of a zigzag and from this zigzag the waves a and b are finished and now we are inside the 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, wave 5, have a more than normal downward wave compared to the previous waves, and considering that we think this wave is formed in a flattened way, we will give the possibility of another drop.
The channel was broken upwards and formed ascending, and according to the count we had, the i and ii waves were formed, and the iii wave is in its final two microwaves when it reaches the ceiling of the purple channel that we considered.
Then wave iv corrects half of wave iii and wave v goes up to half of the zigzag of wave-2, ie the range 000039.
🙏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!❤️