✅PREVIOUSLY ON SHIBA
We've been on corrective waves since 0.00008854
💡0...0
↗️5waves(impulse)
💡1...0.00003528
↘️long zig-zag 3wave(correction)
💡2...0.0000051(BUY)
↗️5waves(impulse)
💡3...0.0003528
↘️simple 1wave(correction)*Rule of alternation
💡4...?(BUY)<- we've been waiting
↗️5 waves (impulse)
💡5=above 0.00008854
💡A...?
💡B...?
💡C...?
✅ WHERE WE ARE
If 0.000057 is A, 0.000078 can be counted as B.
According to Elliott Wave Theory, there must be the bearish 5 waves from B to form C.
If we're still on the bearish 5 waves, 0.00006547 is 4, and 0.00004312 must be broken.
After 0.00004312 is broken, we'd face the great long opportunity because the price wanna make C to turn bullish if my counting is correct.
Some of the trendlines which I drew and 0.00003697 would reject the bearish corrective waves.
*As long as 0.00006547 remains unbroken, this idea is valid. And once 0.00005272 is broken, this idea would be reinforced.
👉Other dogs
tradingview.com/u/waveslover/
tradingview.com/u/waveslover/
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
We've been on corrective waves since 0.00008854
💡0...0
↗️5waves(impulse)
💡1...0.00003528
↘️long zig-zag 3wave(correction)
💡2...0.0000051(BUY)
↗️5waves(impulse)
💡3...0.0003528
↘️simple 1wave(correction)*Rule of alternation
💡4...?(BUY)<- we've been waiting
↗️5 waves (impulse)
💡5=above 0.00008854
💡A...?
💡B...?
💡C...?
✅ WHERE WE ARE
If 0.000057 is A, 0.000078 can be counted as B.
According to Elliott Wave Theory, there must be the bearish 5 waves from B to form C.
If we're still on the bearish 5 waves, 0.00006547 is 4, and 0.00004312 must be broken.
After 0.00004312 is broken, we'd face the great long opportunity because the price wanna make C to turn bullish if my counting is correct.
Some of the trendlines which I drew and 0.00003697 would reject the bearish corrective waves.
*As long as 0.00006547 remains unbroken, this idea is valid. And once 0.00005272 is broken, this idea would be reinforced.
👉Other dogs
tradingview.com/u/waveslover/
tradingview.com/u/waveslover/
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.