looks like we could have a 1-2 Macro and the 1-2 of the minor 1 of 3 so it could play out something like this
this could surprise- i don't think the first pump was anything just a big X wave , then it did a 1-2 and found a bottom and its a long way up to the next macro fib these Dog coins always seem to move round about the same time, so shib and doge moving up could be a good catalyst for apes to ape into other dog coins. defo worth a punt I reckon
so heres the problem, if we cant get a break above the line- then we have a head and shoulders, and what i thought was an impulsive move to the upside could in fact be an A-B-C corrective move off of the first high, Stop loss is the way to go here, because if its a-b-c, then it could sink all the way back to the boittom before another move up . on a knife edge...
I knew the break was coming but needed it to make its move before I made mine, because i needed something to work with , this count feels much better than the previous count i did on busd, The fact that there was no alteration on the 2 and 4 waves on my previous count has been nagging me for weeks, so I now believe this is the correct count
This seems like the most obvious/most simple count now on this , 5 waves to standard fibs, then a Fomo X wave that resolves somewhere in there
It's a bit spikey but looks ok, any downward movement at all invalidates the count as the 4 is sitting right on top of the 1
might have something here , the 1 wave looks just about good enough and pretty sure that next spike is corrective, lets see how it goes
After considering what just happened on my lunc count I went to a third party site that has all of the shib history, after comparing some fib levels and fractal patterns I've decided to change may count on this and call that big second run up an X wave,
It could just be some sort of corrective move but this seems unlikely because its down so far, but looks like it could break up to around 0.000020
Looks like we had a swing failure pattern on luna classic, initial ideas on a poss target would be there somewhere, the minor wave in yellow is just to show a 5 wave structure, not for price,
Elliot Wave Count for HBAR - could be a nice trade , short from 3-4 with a bit of leverage then long the 5,
Could be a nice little trade, sometimes i find it easier to chart these than the coins themselves, but anyway shib should break up
My current -btc/usd count for the longer cycle, trading view says i have to type more words, - there I typed more words
Looks ok to my tired eyes, a break above the yellow line (Green Circle) would seal it for me on this
This looks like its breaking into something, Wait fot the 2 wave to end, probably down there somewhere
ok this is more of an update to my last count which i now think is off, the wxyxz on the minor 1 caught me out, so i now think we are on wave 3 of 5 - 41-43k
We could have a 1-2,1-2 here, initial targets would be something like that I think
My EW count for the next couple of months, undecided if its an x wave that leads to a lower low or the start of a new longer term impuls to the upside, but for now this looks good