Dry-Storm

Dry-Storm Updated 

Hello traders and investors, Today we look at polygon matic / USDT pair with the usual critical eye. Looking at the recent moves, I see that intermediate blue wave 3 reached the 3.618 Fibonacci target with a series of 1-2 1-2 1-2 extensions. I believe that May 2021 pick was intermediate blue 3 rather than primary purple wave 3 because I compare the size of...

Dry-Storm

Hello traders and investors, Today we look at the TerraLuna / USD pair. I see a decrease in volume and divergence in RSI with a pattern that seems to suggest we are in wave 5. I use the Fibonacci retracement tool to divide the full impulse on wave 4 (i.e. around $4) I see the possible target completion at $176. However, as said, volume and RSI seems to...

Dry-Storm

Hello traders and investors, Today we look at the long term bullish target for Zilliqa. The main idea is based on the concept of wave 3 extension. In this case, intermediate blue wave 1 has been followed from a retracement in the region of 50%, which is one of the possible targets for wave 2 completion. Assuming that the next impulse and following correction...

Dry-Storm

Hello traders and investors, Today we have looked at the ALGO / USD pair. Assuming that 2020 March low is the beginning of a primary cycle (purple) and that 2021 February high is the beginning of extension in primary wave 3 (hence intermediate blue wave 1), I can only be extremely bullish that we are in a 1-2-1-2-1-2 pattern that is unfolding towards new...

Dry-Storm

Hello traders and investors, The long waiting game for DOT/USD seems to be still intact. In my count, I consider the current correction, primary 2 for a long long cycle. Of course, having a cycle with primary pink 3 at $1089 can be a dream (for some) and just a matter of time (for others). The current idea will be invalidated either if the price falls below...

Dry-Storm

Hello traders and investors, Today we consider what could be the incoming bullish cycle for XRP considering an Elliott Wave structure 1-2-1-2-1-2 with primary 1 and 2 purple completed, and intermediate blue 1 and 2 completed, if we are really observing the 1-2 red minor, the next move should be a 3 of 3 of a 3: a rocket that should bring XRP to a minimum about...

Dry-Storm

Hello traders and investors, today we look at the ADAUSD pair to understand the current cycle and where ADA may go in the next days and weeks. As anticipated in previous ideas, the general idea is we are in a bullish primary cycle and unit primary blue 4 is intact we can assume that the current correction (deep) is going to be minor red 2 of primary 5. If the...

Dry-Storm Updated 

Hello traders and investors, In today analysis we focus on the last couple of waves in BTC. Regardless if we are observing impulse of ascending correction, as far as I am concerned the trend is up. As far as this chart is labelled, as much as I would like to see the uptrend resumed after the July low, at the moment I am not too sure that we can say so. The...

Dry-Storm Updated 

Hello traders and investors, The idea that TESLA (TSLA) needs to complete a new primary wave blue 1 is still on the table. Looking at the 1h timeframe, at minor red degree the market geometry provided by pitchfork highlights the possible target for an explosive wave 3 (red minor). The invalidation point is at the beginning of wave 1, which coincides with the end...

Dry-Storm Updated 

Hello traders, Today we look at the AUDUSD pair. Is it possible that we are resuming the long term trend after a long correction? Looking at the 1h timeframe, it looks like the minor 1 and 2 are in place and now the pair is creating a series of 1-2 1-2. First target 1.618 very conservative. Let's see what happens

Dry-Storm Updated 

Hello traders and investors, Today we are looking at the IAG chart (International Consolidated Airlines Group) , one of my favourite charts after the big US cap company. As we know, the airline industry (and hospitality sector) is one the most affected by COVID19 with a low passenger volume. After the first spike of enthusiasm and optimism (around March 2021)...

Dry-Storm

until it bends... Hello traders and investors, happy TESLA to you! Hope you ride the trend, I still see potential in the up move. However, the last couple of days / a week, the impulse was so strong that can be considered a wave 3. As you see in my chart, this could be wave 3 intermediate (blue) that we waiting for. The long term pitchfork is respected,...

Dry-Storm Updated 

Hello investors and traders, With October / Uptober in progress, everyone is waiting for massive gain, both in the short and long run. This count shows that the uptrend resumed and it's quite bullish as it speculates that we are just in the minute/subminuette cycle to complete just minor 1 in red around $5k. I link my long term count. Too bullish or not too...

Dry-Storm Updated 

Hello investors and traders, Quick simple ideas. Will we see the October/Uptober explosion in XRP/USD? At the moment, the wave structure seems pretty bullish. What's your target?

Dry-Storm Updated 

Hello investors and traders, If we consider the July Low as a triangle in Intermediate Blue 4, and the next move just minor 1 red of intermediate 5 complete, we should see a deep correction to complete minor red 2. The market seems to create a double zigzag correction with a wave X as a triangle. With a projection of 1.618 from wave 2 red (around 0.618 of...

Dry-Storm Updated 

Hello traders and investors, Today we look at XRP/USD 1h timeframe. If we consider July 20th completion of intermediate wave 2 (blue), I think we are about to complete minor wave 1 (red) of a potential extended intermediate wave 3. If this analysis will play out, the last leg (minute wave 5 of minor 1) will complete this cycle around $1.88, which is close the...

Dry-Storm Updated 

Hello traders and investors, today we see one of the main Tesla (TSLA) competitors: the Chianese Electric Car NIO. Assuming that 12 January 2021 was the pick of a Primary Wave 3 impulse, I am looking at the last impulse wave (primary 5) after the completion of Wave 4 correction. As you can see in the chart, I see 5 intermediate blue waves down and 3 waves up,...

Dry-Storm

Hello traders and investors, We have recently observed the entire crypto market going through corrective behaviour. In today analysis, we see the market moving in what seems to be the new cycle. Wave 1 minor red needs to be formed by 5 sub-waves minute degree (green). Looking at the market geometry wave 4 (green) seems to be the same proportion of wave 2...