traderisso

There is a possibility that the correction will deepen, but the 5th wave may be much shorter than I expected. Analyzes can be misleading for coins with very low supply. My aim is always for educational purposes. The most important element in price movements is always the supply and demand balance. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.

This is my long term view. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.

Think simple. Basic 5 waves Elliot. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.

After the head and shoulders pattern complete the target we may see a rise for a couple of months becase StochRsi may cut up in weekly chart. But then I think the long-term ABC correction will be completed. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.The decline to the head and shoulders pattern target (123$) has been completed. Afterwards, the reaction increases may continue and then the main downward wave may occur.

If weekly closes occur above the parallel channel, the situation becomes positive. Until then, the situation is negative. The news that will come as a result of the end of their partnership with Ocean Protocol is very important. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.

According to my possible wave counts the first week of November may be a sell-off, then the direction may be upwards, and declines may occur after the Christmas holiday. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.

According to my possible wave counts the first week of November may be a sell-off, then the direction may be upwards, and declines may occur with the Christmas holiday. Note: It's shown on a 1-hour chart, but waves will form over longer timeframes. So, disregard the date chart you see at the bottom of the page. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.

In the long term, ABC correction waves seem to have been completed, so an upward channel may form in the medium term. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.According to the analysis, it is necessary to wait for the 2nd wave level to buy.

In a bull market Fibonacci extensions usually target the 2.618 level which is around 152,000$. The target of the 4th internal wave of the 5th wave, which is the last upward wave, is 96,000$. When the 5th and last upward wave ends, I expect this rising parallel channel to break down and head towards the lower Fibonacci channels. I think Bitcoin will enter a long-term uptrend again, especially after 70,000$ levels. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.

To me the view is pretty clear. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.My drop target was achieved.