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Wave 5 can be an absolute unexpected beast of an extended move. But if everything goes well even from this point in time, 130k would be a nice spot according to the current chart The show must go on

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Adding a red count in case we drop in an ending diagonal formation. The bottom trend line of a leading diagonal kept the price and bounced off of it. Lower lows are still posible. Xrp needs to push here if we wanna see the yellow (brick road) path.

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Wave 4 might have landed on ethereum as well, if we drop on BTC, eth will probably follow. Suggesting a double zig zag or a flat pattern , depending on this upward move on eth. If we get stuck at current levels of this update, most probably a double zig zag which would be bearish. If you ever longed eth, congradulations, bull market is still a bull market,...

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Local bottom potential on Orai . Hard invalidation under the yellow (5) white C Current pattern looks like a flat with ending diagonal in a wave C. This is typical for a wave 4 to have a sideways corrective pattern. However, nothing blocks this from being a macro wave 2 once again.

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According to the rules leading diagonals 5th wave cant truncate. Doesn't matter if they are contracting or expanding variations. Here are examples where contracting diagonals can truncate. If they are in the 5th of the 5th of an impulse.

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The only way i can decipher this motive wave development to give us a retrace and entry of a lifetime. You do know XRP will melt faces. You cant catch it because its a 3 wave unpredictable monster. Here is our potential chance if the count is good and we arent actually watching a vertical accumulation. *Advanced ElliottWave rules. Leading diagonals can be...

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#BTC Narrowing down the #Elliottwave count Retracement of a B wave of a flat should at least 0.9 of a wave A(0.8 Accepted by some CEWA's) B of a flat can't be a flat(Yes according older book editions. Questionable according to EWI) Green areas=juice no matter the count

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Doesn't smell like a bull just yet. Rarely clean in moves... but this is what i am leaning to right now. Which is a drop to a 56 cents area at least. to form a larger 3 wave move .

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Wave Y in a sideways combo can develop both a triangle and a flat. Nothing says that it cant be a double zig zag (red count) Current outlook W- Zig zag X -Flat #Elliottwave count

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Back to this. Ideally we want another sharp drop after some consolidation and sideways (sideways good for alts). I say ideally because that would bring clearance to an Elliott wave structure. If i repeat myself in future videos, i am sorry, sometimes i forget what i said and where. Long term bull, mid term hopefully bear before that bull strikes again

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And evil bullish white (i)(ii) potential. If white count is correct one, we might see orai above 100 $ at the end of this bull cycle. Current outlook makes more sense in linear scale for yellow pattern to develop. Switching to log scale, 12 /12 makes more sense.

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If we have a reaction at these levels, i will be even more secured about the macro triangle. Waves C in triangles are most likely to develop into a complex structure (multiple zig zags or triangle as a whole wave c)

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Soundhound Ai seems to be ready to finally print another impulsive structure. Break this local descending patternt and this will be a full send. Current possible outcomes are a strong wave 3 or a wave C

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Looking forward to be wrong and that there is still some more room for btc to go up, however, a healthy retracement (correction) would be good for a clearence and perhaps better entry for the parabolic price discovery stage

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Healthy retracement could be longed. It is important to have an approximate idea of where one asset is in the elliott wave development. Solana is a strong project and perhaps one of the strongest crypto currencies, so if something should be consistent and stable at its rise, i think it would be this coin

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But we did see x10 and much more in crypto projects already. Wave 3 projection target is 1.618 if we anchor Trend -based fib extension tool at the origin of wave 1 , second anchor at the terminus of wave 1 and the 3rd anchor at the terminus of 2. Conservative target , use linear scale. Optimistic target, switch to log.

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If yes, then this will make people rich. However , this is just the bullish perspective. corrective channel had been broken. We are building series of 12 12 12.... The moment we see a first parabolic move, we will know that "whe should have longed before" feeling comes up. every 12 needs its own 34....

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Normally waves 3 extend. In crypto , waves 5 can be absolute beasts. This is a current wave development of btc. From my current point of view. People tend to focus on exact spots where i place my labels of waves and fixate on numbers. Please , dont do that. Waves can extend, just as much as they can be shortened.