Looking for a bigger flat correction forming in the medium term. the box area looks like a very nice area for a long position
Possible CRAB harmonic playing out for NEAR, maybe finally breaking out of this consolidation range ? targeting the 1.618 for D around 22$
SRM looks to be possibly bottomed and has actually started the first wave of the impulse and now doing a wave 2 correction before a blast to wave 3. will be watching that 1:1 extension, clear invalidation below the start of the assumed wave 1.
Matic still have a missing wave 5 If correct we are doing a flat off the top targeting the box area for wave 4 before continuation of wave 5
this is a LONG term analysis. I believe whatever 5 waves up we had is a LEADING DIAGONAL wave 1 of a bigger impulsive wave. Looking for that wave 2 tripple three correction. I believe ALGO is a must buy around the box area as It will be a money maker in the next 2 years.
Sand is still in that corrective wave 4 in my opinion, the box area 1.9 - 1.46~ is a the target for wave Y to end the correction and the area to buy.
FTM is still in a correction for the primary wave 4. I believe we are missing a wave 5.
CHR is done for this cycle, and is in the middle of a big correction to the projected consolidation area. Clear chart with clean 5 waves to the upside. and now started with a ZZ correction that may not be as simple as I presented and may get super complex weeks later.
Looking at the weekly from an elliot wave stand point, I see a possibility of a bottom for wave 4 as the Y hit 0.786 Fib for the WXY which is more than minimum requirement. Also using K.Channels for confluence, It bounced of the base channel which is also a possible ending for wave 4. Wave for also hit the wave 4 likely area 0.382-0.5 retracement which is...
BTC is possibly locally bottomed, looking for a WXY type of a move to the upside targetting anywhere from 1:1 extension to 1:1.618. Invalidation is breaking the lows.
0.618 is a nice Long Area A nice falling wedge on the 4h time frame