HelioHelix

HelioHelix

ICP is currently in a short to medium term corrective phase which has lasted just over half of the year. In terms of the macro count it is completing the last leg of a zig-zag in either wave 2 or a B wave. The primary count in white shows an impulse with five completed waves. In this instance, it is a non-overlapping ending diagonal where the impulse sub-divides...

HelioHelix Updated 

Cardano (ADA) is currently in a WXY (double zig-zag) in primary 2 which looks to take the price down to dangerous lows. The WXY is comprised of a zig-zag, expanded flat, and a zig-zag. The 1.618 extension of W gives us a price target of 0.02036 while the trend-based fibonnaci extension of AB in Y gives us price targets of 61.8 at 0.68USD 100.00 at 0.33USD, and...

HelioHelix

Function: Corrective Wave Family: Complex Zig Zag Macro count: Primary B of ABC in Cycle IV Invalidation points: Above 161.8% of WX Description: TOTAL3 appears to be completing a 9 swing corrective wave and is in wave Y of WXY. In the WXY pattern W is a simple zig-zag (ABC 5-3-5), X is a triangle and Y is a simple zig-zag. The fib retracement of primary A shows...

HelioHelix

Function: Corrective Wave Family: Simple Zig-Zag Macro count: 2 of 5 of 5 Invalidation points: Below 0.79 of Primary 1 Description: TRJEFFCRB is pulling back in three waves to find support at the terminus of primary (2) before taking off in primary (3). Expecting C to be 100% of A at ~230 near the base of the channel.

HelioHelix Updated 

DOGEUSD Function: Corrective Wave Family: Regular Flat ABC in X of WXY Macro count: Complex Zig-Zag in Cycle 4 Invalidation points: Below Wave B in X or higher than the 78.6 of May 4th, 2021 high and the October 9th, 2023 low. Description: DOGEUSD is moving impulsively in the C wave of a regular flat (ABC) in a complex zig-zag (WXY). The regular flat has a simple...

HelioHelix Updated 

The SNP 500 $SPY is in a corrective pattern which in EW is called an open diagonal where each subwave of 1-5 subdivides as either 5-3-5-3-5 or 3-3-3-3-3. In this chart, I've counted the diagonal as 3-3-3-3-3. Currently, the SNP 500 is making a zig-zag in (b) before continuing in five waves down to complete ((v)) of A. Currently expecting the SNP500 to go to around...

HelioHelix

ADA price has moved below the neckline forming a double top pattern. Expected price target is the measured move at ~0.27 cents.

HelioHelix Updated 

Expecting price to correct upwards between $13.73 and $16.49 in minor C followed by intermediate (C) in ((2)) to between the 61.8% or the 85.4% trend based fib extension. Invalid below 0.5525 cents.

HelioHelix Updated 

BTC at present is ranging on the $20,000 support and as long as the price remains above $17,567.5 BTC is bullish. Price below $17,567.5 is bearish. From a waves perspective the only remaining bullish count is a diagonal in wave 1 which is valid above $17,567.5. Expect further downside if price confirms below the origin of wave 1 at $17,567.5. Expected downside in...

HelioHelix Updated 

There is a lack of a clear impulsive structure to the upside which makes it difficult to clearly say whether or not the price action is bullish or bearish . This is the only real bullish count that would pave the way for new all time highs. If we assume that ~17,500 was the bottom then we are looking at an impulse in minor 1 a complex correction in minor 2 and a...

HelioHelix Updated 

Bitcoin has been in a corrective pattern from the low of 17,500 on June 18th and is beginning to exhibit signs that it could either be a reverse expanding triangle or a WXYXZ pattern. Case for the triangle: Each side subdivides into a zig-zag C is 123.6 of A A and C made higher highs while B and soon D will be making higher lows 1H...

HelioHelix

As an alternative to the ABC count bitcoin could also be in a combination wave from 69k which is evidenced by the price structure that appears as 3-3-3 in each wave. In this pattern, wave Y should not exceed the 1.618 of intermediate (W) which is around 11,000 or so. The main difference between the WXY and ABC counts is the maximum depth of the correction. ABC...

HelioHelix

BTC is forming a double top after attempting to break above the 200WMA for the second time in ten days. Expecting the price to drop around 27% to 16,800 or so.

HelioHelix Updated 

As far as I know, the Brave New Coin Liquid Index (BLX) has the most complete chart of BTC. Looking at the 1M chart, we can observe that BTC halving events appear to always kick off wave 3 impulses. In the first halving, we can see a blow off top in the minor 5 of intermediate (3). The second halving, takes in minor 1 of intermediate (3) and the third halving also...

HelioHelix

BTC is currently correcting from an ATH of 69,000 in either an ABC zig-zag or a WXY combination wave and I've attempted to find possible bottom targets using Fibonacci clusters based on rules for both zig-zags and combo waves. Two ranges have appeared as a result of this study. First, is the range from 12,500 to 9800 and the second is a range from 4,500-3,400. A...

HelioHelix Updated 

As an alternate to my previous BTC near term idea of a micro a,b, and c in subminutte iv I think that this could also be a WXYXZ pattern given the complex mess of zig-zags the target for Z is either 61.8 at $28869, 100.0 $31037 at or 123.6 at $32376.

HelioHelix Updated 

BTC is currently in the red subminutte wave iv and is expected to retrace anywhere from 38.2 to 61.8 or from 32,210 to 36,441 just below the blue minutte wave (i). There is a clear micro a at 31335, and micro b at 28621 in-between subminutte iii and iv. Subminutte c targets can be found at the 61.8 or 32458, 100 at 34831 or 123.6 at 36296.

HelioHelix Updated 

A small sliver of hope, WLUNA is responding very nicely to fibs and has formed a clean impulse wave to the upside from it's low of 0.000065 based on the projection of miniscule 1&2 I'm assuming a 2.618 extension for miniscule 3, and a retracement to 61.8 in miniscule 4 with an estimated target of around 0.00385.