Below is an Elliot Wave Analysis w/ Fibonacci Sequence levels as a filter to predict the trend of the $ASIC token. UNISWAP3ETH:ASICUSDC The ASIC token is a cryptocurrency ERC-20 Smart Contract that resides on the Ethereum blockchain. Its use is to mine cryptocurrencies just like ASIC Mining hardware is used. Instead of polluting the environment the ASIC token...
Good afternoon traders. Here is a best guesstimate of the price action HEX should see over the next few months. Right now we are in the final moments of the correction and are in the "C" wave of this "Zigzag" correction. This is wave 4 of 5 in the current cycle (blue) Then we will have another 5 wave impulse which can either be a normal looking impulse or an...
On July 23rd I made an Elliott Wave Analysis that called for a correction around the $0.50 - $0.70 cents range. This analysis is now being fulfilled and in this picture I will zoom out and show my analysis for the entire HEX Bull-run cycle. When studying charts it is never a good idea to use a linear chart view unless you are analyzing corrections. The logarithmic...
We are still on-target in my Elliot Wave analysis on HEX/USDC the Ethereum token which functions as a store of value with a yield rewards for those who stake their coins. We just finished the 5th wave of the smaller cycle (red) impulse. We have also seen a fast zigzag correction drop back to between 7 and 8 cents for wave 4 of the larger cycle (blue). This may...
Still bullish sentiment on HEX/USDC as we have been consolidating for nearly a month now. My Elliot Wave Analysis is still the same but now with a higher target for this wave 5, it looks like we are winding up for an extended wave 5 here which will move very fast. We have satisfied the rules for a ABC or "Flat" correction with the C wave as an ending diagonal for...
HEX/USDC Elliott Wave Analysis Update: We are currently consolidating and making a smaller degree wave 4(orange) in preparation to complete the smaller degree wave 5(orange) this last leg will also complete the larger cycle wave 5(blue) and could get as high as $1.00. This will also complete SuperCycle Wave 3(White) Then we will retrace for a few months just as...
A major buying opportunity is going to soon present itself in HEX/USDC. We are in the midst of a 3-wave correction on the larger cycle wave 4. This is your typical 3-wave W,X,Y correction which is described by 3 waves on each leg. After this is finished we will resume bullishness on larger cycle wave 5 to the target between 50-70c. Happy trading and as always,...
Hi everyone, happy trading. Here on HEX/ USDC we are currently moving up wave III (light blue) and are inside the 4th or 5th wave of the smaller degree. One of two things can happen according to EW Theory. We can either finish another leg up into the 10-13cents area for an ending diagonal . But this is unlikely since we've already had RSI divergence for the small...
Current price is 0.072 cents and we are a small pullback for a wave 4 (appears to be a zigzag) of the larger wave 3 on this bull run. Target for the completion the 5th wave smaller degree (to complete the larger wave 3) is around $.12 - $.15 cents. Then we will get a bigger pullback wave 4 from all the psychological selling levels... But then another push to...