Gala seems its ready to take off after a bearish wave that corrected to 61.8%. Full Wave analysis provided
NKNUSD is still on the down side moving for the last wave C of the zig zag correction Purple box as a target for a wave 4 correction
ANT seems it has finished a wave 4 triangle correction and its about to go for new all time highs!
Ada has just finished 5 waves down as part of Wave A of a ZigZag correction and its currently ready for a corrective wave B before collapsing into the C wave of the ZigZag correction.
Bullish on Arpa expecting a pullback inside the purplebox at a standard 38% retracement and smaller degree three wave where we can long for a 50% gain for the next motive wave
It seems the correction has ended in a running flat with clear 5 waves down currently in a corrective mode to form the next leg up after C finishes which will form the next 12. Running flats are rare but it seems a lower low is not happening
It appears that bitcoin is currently on an expanding flat pattern in Wave 3 as the most plausible scenario. Alternative counts include Potential Triangle formation forming. Triangle can be invalidated if we make a lower low than A (could be expanding but unlikely) or if we have another complex correction 5th of 1-2 We could be completing 5 waves up for a 12...
After a massive 3-3-5 flat correction, Small Love Portions is ready to begin its rally. Wave C = Wave A at 100% fib level with typical momentum divergence for wave C indicating the bottom is near. Thoughts?
BITSTAMP:BTCUSD The correction becomes more clear for the second regressive wave that takes the form of an ABCDE correction. A possible move for the final wave could be between 27k and 20k if we count the fib levels of wave 4 or even lower if the correction matches wave 1! Bottom could look like 18k for this final descent of bitcoin
Bitcoin is either in an ABC correction or wave 3 in a bear impulsive wave This is a possible move after a dead cat bounce B wave printing an inverted cup and handle with a wave 5 extension