It seems that XTZ just finished its wave 2 on a 4h time frame that would lead to a snowball of waves 3. As you can see it looks like it completed à triple combination and wave 2 would end up perfectly at 78.6% of wave 1. Not only that but the last move would be perfect ratios too since Z would be 78.6% of Y and C would be 123.6% of A.
For those that are not familiar with Elliot you could also see a beautiful bullish wedge.
I would wait for further confirmation with a breakout of the upper channel and would be completely bullish as soon as XTZ trades above the last "X" at 7.432.
For those that are not familiar with Elliot you could also see a beautiful bullish wedge.
I would wait for further confirmation with a breakout of the upper channel and would be completely bullish as soon as XTZ trades above the last "X" at 7.432.