Green wave 5 is marked as a failure. Alternative: But, considering other coins, alternative is weak. Since there is no impulses on ETH from the low, I think, it will go for another local low. The same on ADA:
There is nice diagonal down, which implies second part of down movement. But for now it is unclear if the correction is over.
Despite whole market looks bearish, there is a setup, which requires some longs
The best example of EWA growth. It does not look like a crash is coming. Wave 5 is needed. But there is still room for a fall of 10-30%.
Quite clear chart and flat correction. I expect that IGH will slightly cross 84.79 in 2024.
There is clear 5 wave impulse down and clear initial impulse up which has a-b-s correction. What else needed for long?
I see irregular pattern previous day. No initial impuls up for last weeks. Which gives good short opportunity.
I think, one more purple wave 5 has to go down. And after that - up.
Long trade is looking for Elliott Traders somewhere here...
Nice setup for short. It can either go down very far like to below .3. Or it is just a correction, no lower than .4.
I see two initial impulses up here. Second one is followed by irregular. All together gives great potential force of up movement.
XMR as many other coins looks bullish. Good diagonal for is as setup. Waiting for initial impulse.
Not much to write. All crypto is finishing impulses up which started month ago. After correction is is going to be another one. But do not think it is going for new ATH.
Rheinmetall looks bullish for couple of next decades. If no extension, it looks like it passed middle of its projected growth. Since I am from Ukraine this picture looks horrendous. Huge leep was made on 28th of February, 4 days after the invasion. Not on 24th. Perhaps, after "smart money" understood that it is not a 3 days conflict and RHM production will be in...
I think, that there will be no ATH in nearest 1-2 years. Current down movement is too big ant too "non-corrective" to be the end of any whole correction. So, I think, till semo point of january it still will be sliding down. I think, in wave 5 of the diagonal. And than I anticipate big wave b. Waves be are known to be very ugly from waves structures point of view.