seems to be finalizing it's wave (2) of the alleged main motive wave that was started back in Oct2023. I expect one last dip before the impulsive wave (3) starts. Getting in the green area would be a good buying opportunity in my opinion. The best stoploss would be under Oct2023 bottom but breaking the red line seems like a good close stop-loss. passing the green line without dropping first invalidates my view.
In the 1st scenario I expect #ORDI to compete a main zigzag wave as a correction of the bullish move since Oct2023. The 2nd scenario I expect a new bullish motive wave from here. Either ways, I predict a new all time high in the future.
After thorough analysis I've came to a conclusion that the best looking waves count for #CFX is this... After wave 2 finishes we should expect a bullish volume that takes #Conflux to a new all time high.
#MultiversX has been in a bearish trend since late 2021 but I think the bearish trend ended after the price passed the red supply zone in early 2024.
If the counting is accurate and the volume of EGLD/USDT increases I expect it to see a new all time high in the future.
On the low time frames I see a golden opportunity to enter it at 30 with a stoploss below 21 the bottom of the wave 1.
The #EGLD Market Cap and the EGLD/BTC charts look very bullish too in my opinion so if you're interested in this coin and have done your research you should consider it as a part of your portfolio.
About the project: MultiversX is a blockchain protocol that offers true horizontal scalability by using all aspects of sharding Network Transaction and State The project describes itself as a technology ecosystem for the new internet which includes decentralized finance real world assets and the Metaverse Its smart contracts execution platform is reportedly capable of up to 100000 transactions per second 6 second latency and a 0002 transaction cost.
$TAO still needs one last dip to the 0.382 range around @ ~250$
In case it dropped there, then it shall be fine as I believe that the overall analysis is very positive and it should reach and pass +1000$ with whatever time it needs. ⭐💰
#Solana seems to be in a wave 4 on the macro level which I think it would be a triangle as triangles come usually in waves 4. Even if it didn't turn out to be a triangle and it breaks $117 then I would be still thinking that it's still in a wave 4 but it can be a WXY correction; so basically on the long term I think it should reach an all time high.
However, on the macro level if it kept dropping to below $30 then it can never be in a correction and the target will be <$5