Elliott Wave, Fibonacci, discipline, and focus are all you need to succeed in the investing world. Not investment advice. Do your own research before trading.
@mdtrade Wave 2 took about 10 days. Wave 4 has taken about 47 days so far. In my experience, when a proposed 4th wave is so much larger in time than the corresponding second wave, it's a sign that the count may be wrong.
@AxieInfinity To all new players: Don't expect to make money playing this game. Axie prices go down, way down, over time. If you like the game, play for fun. It's been horrible as an investment.
ronin promised staking rewards in a whitepaper. changed unilaterally.
ronin promised 90m to the treasury. changed unilaterally.
ronin promised community governance. only the bosses can submit proposals. changed unilaterally.
illegal, illegal, illegal.
do better.
@mdtrade I agree with @PrecisionTrade3. The ABC doesn't make sense to me. Here is my interpretation. Sorry, I'm not good with degrees, but you get the idea: a series of first & second waves, nested structure, headed higher after an abc down from here.
@ElliottForecast You sure play fast and loose with Elliott's rules. There shouldn't be so much overlap. Ending diagonals happen, but are rare in my experience.
TENB is a promising candidate for a parabolic move. It had a strong move up off the April lows, and is now in the early stages of a 3rd wave advance. Volume is increasing. A long position could be taken near current levels, with invalidation on a close below 29.97. #ElliottWave
@ElliottForecast I see a clean 5 wave move up from the 10/8 low. This means wave (A) is likely complete. It should continue higher in wave (c) of (B) after a pullback.
@mdtrade On shorter time frames, it looks like a possible 4th wave triangle. If so, we should look for one more move higher before the longer term pattern is complete.
Compare the chart I posted on 18 September, when $ETH was trading near $2,500, with where price is today.
#ETH completed the anticipated rally, briefly exceeding our $2,800 target. Since then, we have seen a clear five wave decline.
Price now appears to be undergoing a small corrective bounce before a further five wave move lower, although, as always, we will reassess if the structure changes.
@ElliottForecast The huge drop since the 9/8 high makes me doubt this wave count. The decline looks impulsive. My primary count shows the recent high as a 4th wave, which means new lows are coming before a meaningful recovery develops.
A lot of people have been messaging me asking if I can look into who caused the $RON dump. Honestly, what's the point if you just take it like sheep anyway and applaud the culprits again three days later? I warned you when Ronin was at 2.50, so why should I bother doing it now at 0.05? It just makes no sense. You finally need to understand this and move on.
1 Sky Mavis sold you the dream that holding $RON or $AXS makes you part of their success. The hard truth? Tier-1 VCs hold real equity in Sky Mavis Pte. Ltd. in Singapore.
Equity investors have legal voting rights, board oversight, and legal fiduciary protections.
You hold speculative lines of code on an ledger with zero legal claims.Legally, leadership owes you absolutely nothing. Their sole legal and financial obligation is to the VCs waiting for an exit.
2 Traditional gaming studios spend hundreds of millions on marketing and QA. Sky Mavis got you to do it for free under the guise of "community" and "player-owned economies."
You evangelized Ronin, onboarded your friends, and absorbed the downside volatility. But whenever player stability clashes with pumping on-chain vanity metrics to justify the next VC milestone, the community gets sacrificed every single time.
3 Look at the sentiment in their channels. Anyone raising valid concerns gets silenced, banned, or dogpiled by desperate bagholders screaming "FUD!" Sky Mavis engineered a dynamic where the exploited actively defend the entity exploiting them.
Governance votes? A digital pacifier. Just enough theatrical interaction to keep you distracted while every meaningful lever is pulled behind closed doors.
Stop waiting for Sky Mavis to "wake up" and listen to the community. They aren't listening because your voice doesn't exist on their balance sheet.
You aren't building a movement; you're funding a traditional tech startup that disguised corporate extraction as a revolution. Act accordingly @Ronin_Network
On the 4-hour #BTC chart, the small wave 4 correction may be nearing completion within the typical territory of wave 4 of one lesser degree.
If support holds, BTC could soon begin the final wave 5 higher of wave C, potentially completing the broader ABC correction around $82,000–$84,000.
Once that structure is complete, the risk of a sharp reversal lower would increase substantially. A sustained break below current support would invalidate this immediate wave-5 setup.
IONQ: buy opportunity incoming. Wave ((ii)) is nearing completion. Price hit 37.85, where (w) = (y), slightly below the .618 retracement of ((i)). One more up/down sequence may be needed to complete the correction, which appears to have an extended 5th wave. #Elliottwave