✅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
www.tradingview.com/u/waveslover/
www.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
www.tradingview.com/u/waveslover/
www.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 🎉