Hellofresh made and impulsive move down wich started the bearmarket = Wave A Recently completed a zigzag-correction ABC to the 1.0 - 1.236 Fib exension = Wave B Currently working on an impulsive move down to complete Wave C and the bigger ABC correction into wave 2 Targets are 0.786 Fib retracement of wave 1 and 0.618 Fib extension of bigger wave A
If TSLA makes an lower high locally, i expect an impuslive move down to 0.382 Fib (100 dollar) This will complete wave 4 and make an double bottom to target 1000 dollar in alignment with target of wave 5 If TSLA makes an slightly higher high (wave5 instead of ABC-correction), the move from te 100 dollar low could be the first impulsive move up but will come...
Today it's my birthday, so i give to you the Supercycle count This count predicted previous bullrun-top and this bearmarket-bottom If you like the idea, hit the boost botton, leave a commet and follow me for more ideas and counts Cycle count: Internal Cycle count: In these 2 charts you can see that wave 3 wos the 2017 bullrun top In retrospective this...
First impulsive move up has completed Currently correcting in wave B Expecting a retracement to the 0.5 Fib in conjunction with 1.0 Fib extension of wave A Beautiful Head&Schoulders in conjunction with elliot waves
To show you how an 5th wave extension looks like we need to look back to the bullrun of 2015 Bitcoin started the move in 2015 with an impulsive move into wave 1 Then a sideways flat correction ABC into wave 2 This created the Base Channel, when the price breaks out of it, wave 3 has started Once wave 3 ended we corrected and held support on the Base channel in...
Valutions Undervaluation = Range between 750 and 1,5k is cheap Neutral = range around 3,5k is neutral Overvaluation = Range between 7k and 14k is expensive Elliot waves Long term I believe that the bearmarket completed wave 4 to start the 5the wave this 4 year cycle With this count as a bias you can measure some targets 5th wave 1.236 tot 1.618 Fib...
We could see further recovery to the upside for solana in the short term We started the downtrend with an Lead-In trendline that connects the lower highs The downtrend accellerated with an Bump-fase and faster downside happened with a series of lower highs Yesterday we broke the Bumptrendline with volume and since then we went sideways Because of the fast...
Majority talking about a bearish head and shoulders and more downside to come Honestly i think the majority is wrong, i see instead a bullish head and shoulders I personally like inverse head and shoulders that start the left shoulder on the high from a move up and end the correction on the right shoulder en move up to projected target of the head In this...
based off the above split between impulsive and corrective structures, i am gonna give you multiple possible elliot waves count, bullish and bearish Bearmarket Continuation (Black Hole) This idea consist of an 5 impulsive wave down from ATH to the bottom of 15k and are only now in correct ABC structure to the upside to come back again in a 5 wave impulsive...
Like you can see we had an simmilar pattern before the 2021 pump where reaccumulation happend If we make an higher low inside the pattern, then its off to the races!
If we can hold an higher low above 20k, we are possible in wave 2 of a bigger wave 3 Wave 3 tends to be very impulsive and have an extension in its wavecount
Solana could be finishing wave 2 of the elliot wave count in a flat correction The 3th wave in this idea is already starting so whe expect some upside to at least the 1.618 fib extension to 115, an 6x that's right Because of the high target i don't expect the 5th wave to be much higher On the chart you can also could identify some sort of an complex inverse...
Bitcoin facing the bullrun support/resistance flip while dollar is gearing up for a double bottom For both pairs there were similar pattern in the past what you can see below If dollar completes the target of the potential double bottom then you can probably see bitcoin making a move back to support for a potential double bottom aswell
Not much time left for this range to finally breakout Because of the declining volume an volatility this range points out to be reaccumulation We already had an spring an test of support on the 200 sma of the 12h chart, this has proven big bounce levels for bitcoin in the past We want to see an jump across the creek with volume to see bitcoin going back up to...
Bitcoin currently retesting the neckline of the triple bottom Adam - Eve - Adam and also finding support on the 4h 200 sma Targetting at least 29k in coming days
Bitcoin targetting the 49k area, 25k wos the sign of the start of the bullrun, it's so bullish we can't even touch 25k
Fantom 4th corrective wave could be over in an ABC correction, if it is a triangle, it could still make an D en E wave or it could be the beginning of the 5t wave in 1-2 wave inside the triangle There is a clear invalidation around 26 cents and target for a 5th wave is around previous support , now resistance around 1 dollar
Last fishpattern was posted now about an year ago, are we taking a dive again?