Hello traders, SHIBUSDT in daily timeframe , Based on the wave count we had:
Waves 1 and 2 are completed.
We are now at the beginning of wave 3, consisting of wave 3, microwave 1, and the structure of wave 2 is being formed.
Wave 2 is usually zigzag and has a steep slope.
The current trend is also zigzagged, and from this pattern wave a is completed and wave b is probably completed.
From this zigzag , only wave c is incomplete and we assume that wave c forms its first wave and completes the rest of the waves up to around 0.002145.
If the red circle and the upper side of the channel are broken, the structure will change and there is no hope for this decline at the moment.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Waves 1 and 2 are completed.
We are now at the beginning of wave 3, consisting of wave 3, microwave 1, and the structure of wave 2 is being formed.
Wave 2 is usually zigzag and has a steep slope.
The current trend is also zigzagged, and from this pattern wave a is completed and wave b is probably completed.
From this zigzag , only wave c is incomplete and we assume that wave c forms its first wave and completes the rest of the waves up to around 0.002145.
If the red circle and the upper side of the channel are broken, the structure will change and there is no hope for this decline at the moment.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️