BTC Correction - 50%After completing the impulse and falling out of the channel, Bitcoin most likely went into a correction
Deviloftrade
GOLD ~$4000 Next TargetAgainst the backdrop of the international inflation crisis, gold continues to rise.
Now the chart is drawing the third wave in three dimensions
BTC Dominance ~75% ?Bitcoin continues to move in an ascending channel, gradually regaining its dominance
AltSeason may not exist :-)
Nasdaq - When Rebound? There is a possibility that another major wave 5 is possible here, just like on SPX
TONBTC - The 1st TargetAfter a prolonged three-year correction in an irregular ABC zigzag, the cryptocurrency TON has promptly bounced off the bottom and is heading North
SPX - Where Rebound?Possible reversal level is at the lower boundary of the channel in wave 4 of the upper order
BLX Global Final View - BTC - $1 000 000 ?According to Wave Theory:
In the impulses of a wave of the same degree, channelization is observed
2 wave is most often a zigzag
2 wave is most often a deep correction
3 wave equals 1.618*1 wave.
The 3rd wave is the most powerful
4 wave is most often flat according to the rules of alternation
5 wave is mostly equal to 1 wave
BUT
Bitcoin is a commodity market
And in commodity markets, the 5th wave is most often extended.
At what price will YOU exit?
BTCUSD BTC Dominance 61.8%After a long triangle in wave 4
Domination Bitcoin went for a breakout to possible 61.8% Fibonacci targets
BTC Dominance ~ 57%After years of falling dominance Bitcoin is heading into a correction, gradually reclaiming it back.
The trend is holding in an ascending channel - this is positive
At the moment, there is one more division left - the 5th wave
The Fibonacci retracement to the plum is about 50%
The target is 57%.
Perhaps there is another subdivision lurking at the beginning of the trend - but we will talk about it after this target is reached.
SOLUSD Next Move ~$200+ After reaching the $185 mark, Solanium headed for a correction.
Within the channel there was a decline to the lower boundary
The 4th wave basically always comes in the range of the 4th wave of a smaller degree
The correction in the 4th wave mostly occurs within the 61.8% Fibonacci range
According to the wave theory, all the necessary conditions for correction have been met and Solanium is most likely moving within the 5th wave to the $200+ mark
BTCUSD Next Move ~$75kAfter reaching the $68k mark, Bitcoin headed for a correction.
Within the channel there was a decline to the lower boundary
The 4th wave basically always comes in the range of the 4th wave of a smaller degree
The correction in the 4th wave mostly occurs within the 61.8% Fibonacci range
According to the wave theory, all the necessary conditions for correction have been met and Bitcoin is most likely moving within the 5th wave to the $75k mark
BTCUSD $100k SOON and Maybe More $-)For more than a year and a half there has been an uptrend on the leading cryptocurrency Bitcoin. according to the laws of Wave Theory, after the regular flat wave 2 there was a wave 3, and it was followed by a correction in the form of a zigzag in wave 4, as it is supposed to alternate. The channeling and Fibonacci proportions are also observed. We are left with a 5 final wave, which can take Bitcoin to new ATH
TON The 1st TargetAfter a prolonged correction, the innovative technology of The Open Network continues to move in the next wave
XRP is aiming for $10After more than six years of triangle in wave 4, ripple has started to move towards wave 5
EURUSD ~ 1.22A deep fall is followed by a legitimate correction
The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward
TSLA ~ 340A deep fall is followed by a legitimate correction
The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward
C = 1.618*A
GBPUSD ~ 1.39A deep fall is followed by a legitimate correction
The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward
C = A
