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Published 14 Aug 2026, 18:22 UTC · fetched 19 Oct 2026, 13:38 UTC
CrediBULL Crypto
@CredibleCrypto
Quoting · 13 Aug 2026, 06:47 UTC · context given to the AI
Shortly after this we got another local high which completed a 5 wave move of a smaller degree- and while there are a few potential ways to count this impulsive move up in even the most conservative case it looks to me like we are still missing at least one more wave to the upside before a potentially deeper pullback. We are now pushing into the old resistance zone that we ripped through earlier- so we would expect this zone to offer support if we are indeed missing another leg higher to complete our first 5 wave sequence off the .20 lows. ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52Based on the time and depth of the current pullback I have to assume that we are already in our Wave 2, correcting what I now assume to be a completed 5 wave impulse off the .20 lows. We are still technically holding the flipped supply zone which is our first area of interest on the downside. Remember, corrective moves like this can take a variety of shapes/forms, so if we DO start moving back up to the highs we should try and identify whether that move occurs impulsively (next impulse has begun) or correctively (move up is just part of the corrective Wave 2 and a potential fake out). For those looking to hop on the train, any dips into the consolidation zone that preceded our impulsive move (zone in BLUE) would be the ideal entry, with a clear invalidation level at the .20 lows. ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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