MYRO just finished another rally at 0.18x and now is in correction. The possibility are still 2 ways now. 1. A retracement of subwave 2 before going a bigger rally to new high. 2. A final retacement to complete major wave 2 around 0.09 - 0.12 Really don't know which one but in my mind still option 2.
Yesterday candle proved me wrong that it is in subwave5. I look at the bigger picture again at daily timeframe and there are many possibility. So this time it is the first that I will go with neutral. 1. If major wave 2 has completed, you will see a bigger rally. I make a green square in the past and just copy to today to illustate timeframe. 2. If major wave 2...
I will first answer the question to someone ask me a timeframe to hit my personal target 0.065 - 0.091. First of all and always need to say, it is just a pure guess. To 0.1 - 0.091 in 1-4 days. To 0.091 - 0.065 I am not sure that it will reach this area but consider BTC correction I bet it will arrive somewhere between this in 4 days - 2...
Previously, I thought it might go lower than for subwave 3 but from wave form I think I was wrong. Now it makes a zigzag rally which I think it will end around 0.149 before going down for final subwave 5.
Below is the analysis that I was banned due to wrote English in my local website. " In previous wave count, I thought sub wave 2 was zigzag. However, since now sub wave 4 is clearly zigzag so I have a better picture that sub wave 2 was expanded flat. One rule of Elliott's wave is normally wave 4 will not overlap wave 1 (there is some exception but I think it...
Since we have a quick and small zigzag in minor wave 2, here we still endure with a slow flat wave 4. I think it will go down below 0.1 but not sure where it end (previously estimate at 0.05-0.08 but it was a pure guess).
From previous time I think we complete sub wave 1 and 2 but it seems I was wrong. I think subwave 1 was comleted on 5 Apr and now we are on sub wave 2. Ending point of sub wave 2 is tricky. It is not analysis but a pure guess. Since this is minor wave 3 in major wave 3 and I hold this token myself I want it to end today or tomorrow (above EMA 20). However, no...
From my previous wave guess (analysis) last week that we are in minor wave 3 in major wave 3 after the previous down trend resistance is broken and t also came back to test yerterday. Now we are heading to test previous high again(1 time test already). If it is beoken, I think conservative target 161.8% at 35 usd is very likely. 261.8% at 49 USD is possible but...