Here's an updated count. One thing I'd like to draw attention to is the non-stop increasing volume you can see on this move.
While it is possible to see wave 5s have more volume than wave 3, It is not a likely occurrence; plus RSI has already been divergent for a while.
This whole move above 19k could be the whole of wave 3, and wave 5 could take us well into...
This is Bitget's platform token. I've been looking at this chart for a few days and could clearly see the retrace wasn't over.
The volume started to pick back up again early 2023 to form an impulse. Where this is situated in the grand scheme of things, only time will tell, but this structure most certainly needs a wave 5. Unless this is nothing more than an ABC...
The waves are just beautiful even in this correction. Impulses and corrections are clear.
I have relatively high confidence we'll be heading into the last portion of this double ZigZag after a slight upwards correction to kiss the Trendline and/or the golden pocket of the last structure.
We're seeing considerable volume in this Y Wave . I'm hoping that will...
The rounded bottom is clear and this is a good spot to fill up on spot bags for the long term. I don't foresee another 90% drop in value from here! Time will tell whether this too is accurate, but I'm hoping to have an FSS Print on this timeframe. The ABC (C diagonal in particular) took a crazy long time to play out.
My past analyses of this coin have been...
Long term bullish on this coin for my part. However, all are subject to corrections, near is no different.
I seen a lot of pennant drawings on CT in early Feb, but none of the breakouts really bore fruit.
The way I see it now is all this fuss was a huge flat+ low volume 5th, aimed at trapping as many bullish traders as possible before dipping down for what I...
RUNE Weekly here. (linear).
Clear bottoming pattern is forming and we're in the final stages of the WXY correction (finishing up the 5th wave of C of Y). I'm really excited about this chart and have been for sometime. The last time I added to my bags was around 1.19. If we make a new low, which is about 50/50 right now, I will add more without hesitation.
Once...
Triple top, channel breakdown. This mini alt season was in the cards as per my previous analyses. Eventually we will find a bottom and I will be updating this Idea further down the road when I think that will happen.
Safe trades to all. Take profits, protect your capital ;)
So we got us an ugly flat correction. I say ugly because it barely qualifies as a flat in that B barely retraces above the 618 fib, which is a major guideline.
Anyhoo! I do have wave 5 for this coin hitting 12$ with ease. In the case that the correction isn't done (nothing TA is 100%), that target will need to be re-evaluated.
if you have any...
Almost a textbook flat. As per our last ANKR analysis in the beginning of December, this is playing out beautifully.
There is a strong argument for 5 subwaves ending in late March, and that this flat is the wave 2 correction. I probably won't need to tell you this seems to be almost done correction.
The ending of this wave could be a bit tricky and depends on...
As for the actual TA. BTC dominance is still strong. I see 5 clear impulse waves up. The cycle seems over for now and this feels a lot like the A of a flat about to finish. But we still need to go lower to fetch some divergences on lower timeframes. Cryptoheat's Stochastics MTF is printing a big time Daily FakeUP (yellow arrow on the bottom) and I do expect it to...
