Zonkout

Zonkout

Hi everyone, we are continuing to be at the bottom side of the channel as we are setting up for a breakout for the fifth Elliott wave. All matters now is some big volume to spark the breakout. We can either see some upside, OR a short term downside then up!

Zonkout

Hi everyone, looks like the impulse wave 3 has been completed and currently correcting to wave 4 with possible max fib retracement @ 50% (~$1.80).

Zonkout

Hi everyone, it seems like we're still in an indecisive phase whether it will go down closer to the 78.6 level or breakout of the top triangle channel. No matter what happens, we are still in a bullish phase, as the lowest price it can potentially go is above 0.000035 and then move right back up for the breakout.

Zonkout

Hi everyone, Please see chart for 5th Elliott wave price prediction within channel. We are currently at a point where it might go either up from here, or retest to the bottom channel before we journey to the topside of the channel.

Zonkout

Here is what we know so far - 1st Elliott Wave - Impulse started at 0.00000684 and finished at 0.00003515 2nd Elliott Wave - 0.5 retracement of Wave 1 (0.00003515 -> 0.00002057) 3rd Elliott Wave - 2.5 fib extension of Wave 2 (0.00002057 -> 0.00008850) 4th Elliott Wave - 0.618 retracement of Wave 3 (0.00008850 -> 0.00004268) ???5th Elliott Wave??? - Within the...

Zonkout

Hi everyone, Mana is looking bullish as it touched the 61.8 fib level and made a nice jump recently. The coin is now making a slow descending channel which is a possible indication for the next move up very soon.

Zonkout

Hi everyone, BTC is currently showing support at 23.6 fib level. It can correct further around 38.2 to 50.0 fib levels, where it would be a good zone to buy before breakout starts for the 5th Impulse wave.

Zonkout

Hi everyone, I think Shib will be done correcting either tonight or tomorrow since it is showing support at the 61.8% fib level, it can possiblly touch the 78.6% fib level, however that would be around the price point area of the first Elliott wave, which would disregard the EW rules.

Zonkout

I think we are in the start of an impulse wave after the announcement from Coinbase making a home for Doge. Wave 2 retraced at fib level 0.618 and looking at the Fib extension, it is projected to hit about $0.97, might see the $1.00 mark if we lay down enough biscuits for Doge. Worf!