lg389

lg389 Updated 

Hi everyone, This minuette degree fifth wave is on track to make a strong impulse to complete the first leg of this new minor fifth starting on April Fools day lol. 1.618 of wave 1 targets 0.78769 for wave 3 end. 0.618 of wave 3 projection targets 0.78285 for wave 4. 1:1 projection of wave 1 from wave 4 projection targets 0.79068 for wave 5 end. Could turn out...

lg389 Updated 

Hi everyone FMG has been in a minute degree correction since 7-8th Jan, it played out as a running flat (?). Seen a few of these across various charts and they're supposed to be rare lol. Anyway, all the necessary internal waves seem to have played out which given the high degree .618 point of 18.82 leads me to believe this micro fifth will truncate, and begin...

lg389 Updated 

Upcoming downleg will complete wave (v) of to finish off a correction. Even if it combos there is upside regardless if you catch the end of this correction correctly. Buy region is ~6.17 - ~6.84, but watch for clear rejection of 6.36 (0.618 of previous impulse). Also note the deep retracement of this (iv), may result in truncated (v). Count internal waves on...

lg389

The waves are there for a minute fourth combo correction, and considering BTC is also aiming to penetrate resistance we may finally see some relief for LINK. Also particularly interesting that (y) landed basically on 0.50 of the minute third. NFA, DYOR

lg389 Updated 

The correction beginning the August 7th 2020 high is nearly complete. I believe it was a running flat, and the final downwards impulse is in wave iv, awaiting a final wave (v). The target for wave iv is approximately 1775 (61.8% of wave iii), where it should terminate and then the next target is 1617 for wave (v), which is 61.8% of the previous run. Plenty of...

lg389

LINK is on track to finish this minute third wave at ~46 (2.618 of minute 1st projected from minute 2nd.) This puts minute fifth at most likely lowest 46 up to ~60 before a minor degree retrace "4". Biggest threat is deep retracements when BTC dumps? Note; wave label placements are not placed with time in consideration. Not financial advice, DYOR.

lg389

So the sideways action that Z1P was stuck in from June to December after that gap up does seem to be a valid combo wave. Based on the price action since I'd say it's most likely ended. Projecting a fib ratio of wave (1) from (2) and taking the 1.618 ratio gives us a price target of $14.70. Not financial advice, DYOR.

lg389

I believe HUM has finished a combo correction following it's post-rona rise. It is in the middle of a minute 1 and minuette 2, perfect conditions for a bullish entry. Projecting a fib ratio of (i) from (ii) gives (iii) a price target of 1.525. This is an updated analysis from a more in-depth one over on hotcopper, here's the link: hotcopper.com.au

lg389 Updated 

WOW recently retested resistance at ~38.13. Can see it was more tempted to break it in march after having plummeted below it, but perhaps after the bloodbath that was last week it can retest and break through - big bullish if so.

lg389

A potential scenario for XJO using Elliott Wave. Some other scenarios include an alternate placement of (IV) and an extension of (V) but this one has the best fit. I go into more detail in this video: www.youtube.com Not financial advice, DYOR.

lg389 Updated 

I'm not great at EW but ?

lg389

LINK is bullish af right now, everyone can see it, just check the latest LINKUSDT ideas. But I'd like to propose the short term price target of ~13.95 as that is the upper 1.0 line of a pitchfork applied to the previous trend. Not financial advice, DYOR.

lg389

that upper resistance was drawn on the 21st jul as APT kissed the upper limit of its channel goodbye, will it break out? we'll find out soon.

lg389

Bullish once it decides to man up and close past it PROPERLY

lg389

Even with the BLOOD BATH that was last week, FMG didn't break this support trendline beginning may 4th on the 1hr chart.