MafeoFerrari
@t_MafeoFerrari
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MafeoFerrari
A descending wedge that should be practically finished and the daily RSI (7) reaching soon the beginning of an oversold condition. I do expect the completion of the wedge between 78.6% and 80% fibonacci.Ready to lift, breakout is imminent!
MafeoFerrari
Will we see a major correction in the King of the crypto market? I think so. If it is a double combo, the low has been seen at 49.2K otherwise, if there is going to be an expanding triangle, we may see a new low between 45K and 42K. I can see a clear major correction towards the price of 45K before reaching a new ATH and therefore once again a new oportunity to increase holdings.The daily pattern was completed as expected. Now we will see if there will be only one correction before the new bullish cycle begins, or if there will be a correction to complete the expanding triangle.Confirmed, double combo for the fourth (4) wave. Rise to a new ATH!
MafeoFerrari
It should happen very soon. However, there is still a possibility that the triangle wave could extend and that the E wave even has not been initated. Patience is bitter but its fruit is very sweet. It is only a matter of timeThe time has finally come. Triangle breakout as expected, bullback and lift!
MafeoFerrari
ADA is not ready for lift up but it should happen starting 2025. However, 0.22 should not be broken under any circumstances, otherwise ADA could visit 61.8% at 0.13. The structure looks good for a rounded bottom with the tipically Mount Everest in the middle.
MafeoFerrari
Tomochain has been changed to Viction on 24 november. I do not expect any changes in the direction forward to a new ATH. The fourth wave of major degree forming an elliot triangle abcde wave is still not finished. I do expect the start of the fifth wave between end of december and january 2025.Errata: january 2024!That pinbar candle to 0.50 does not appear at binance or any other high volume and serious crypto broker. I do just ignore it! The real minimum was 0.71. I will update the graph soon.
MafeoFerrari
XRP was never my favorite Token but we have to keep attention as its potential is extremely high. I do expect to reach out 23$ between january and april 2025XRP should now be in the last Elliot triangle E wave. I do expect to see about 0.47-0.48 has the last minimum.
MafeoFerrari
As per my calcs, tomochain is soon ready to start his 5th of higher degree wave to reach out a new all time high.
MafeoFerrari
ADA could be ready to start for the so long awaiting new bull cycle. However, there is still a chance to see a new low around 0.21 - 0.20 before init the rocket.
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