reasonableCoco75381

We are currently completing wave 4 — both in the subwave and sub-subwave count — and getting ready for the final impulsive wave 5. According to Elliott Wave rules, wave 4 cannot overlap with wave 1, which also defines our stop-loss level. As long as this level holds, the bullish structure remains valid. Wave 4 has retraced between the 0.382–0.5 Fibonacci zone, perfectly matching the expected correction depth. Since wave 2 was extended in time, we expect a shorter and faster wave 4, often characterized by a quick wick and rejection before continuation. From the indicator side: RSI, Stoch, and MACD are all oversold and starting to curl up on multiple timeframes — 15m, 45m, and 144m. The B-leg of the correction was overbought, signaling exhaustion and confirming the upcoming C-leg completion. With that, we are in position for the start of wave 5, which should complete the macro wave 3. 🎯 Trade Setup: Entry: Current zone (0.382–0.5 retracement range) Stop-loss: Below wave 1 invalidation level Target: Extension of wave 5 from wave 3 to wave 4, We target the 2.618% Summary: Wave 4 is finishing, indicators align across timeframes, and all Elliott conditions are in place for a strong push into wave 5.

Monero is currently in subwave 3 of wave 3. After completing the first wave and its correction, we had a perfect 1-2 setup, which was fully fulfilled. Now we are in wave 3. For some, it might appear as if wave 3 is failing or rejecting at the 0.618 level for a longer correction—but it’s not. Keep your eyes open. This is a typical 3-4-3-4-3-4 setup, which is common for an extended and long wave 3. We can expect some significant moves in the coming days. Monero is also still a privacy coin, which generally doesn’t get pumped. Monero is what many call the “real Bitcoin.”