Intuit

Is the Next Crypto Bull Run Starting Now? (Elliott Wave)

Long
POLONIEX:XRPUSDT   XRP / Tether USD
Because every wave in this pattern is highly corrective, and because every same direction wave minus one for each direction is the same in time, and because there are major price differences between the waves, and because we've retraced wave-g more than 62%, we have likely just completed a diametric and have found a long-term bottom in the market. This new count works better on all cryptos and doesn't require me to force impulsive counts on many charts like my previous zigzag count. There's also momentum, harmonics, and time targets that are also indicating a long-term bottom here. If this is the bottom, we should see a wave that is stronger than wave-f on XRP to confirm it. Most of the crypto market will probably have a very strong uptrend over the next year if this new count is correct.





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