Recent Posts
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BlockFi Facing Insolvency
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After the bankruptcy of FTX, BlockFi is also facing bankruptcy. Payouts were already stopped last week. The bankruptcy of crypto exchange FTX has sent shockwaves throughout the crypto industry and put many digital currencies under pressure. The industry is now concerned that other crypto exchanges could suffer the same fate.…
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Ethereum (ETH) Elliott Wave Analysis – Comprehensive Outlook!
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Broader Structure and Ending Diagonal: Ethereum has been showing weaker price action compared to previous bull cycles. This is largely due to the development of an Ending Diagonal, a pattern that typically signals the final stages of a bullish cycle. The Ending Diagonal introduces overlapping wave structures, making it harder…
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Bitcoin (BTC) Elliott Wave Analysis!
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WXY Corrective Pattern Overview: Similar to our analysis on Solana, Bitcoin also appears to be following a WXY corrective structure. Within this pattern, the current market is completing a three-wave Y structure. We have already seen the completion of Wave A, and we are now navigating through Wave B, which…
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Solana (SOL) Elliott Wave Analysis:
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WXY Correction and the Path Forward: Initially, Solana appeared to be consolidating within a triangle pattern, but the structure was erratic and lacked clarity. After re-evaluating the price action, we have re-labeled it as a WXY correction. This structure provides a cleaner and more coherent view of the current price…