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SHI/WETH - Uniswap - Elliot Wave Count

Oleh Spocks-Beard

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This could be worth a punt, its messy but I can count all the waves in the bottom there

Komen

Komen

just checking in on this its still going well

this is the current shi/weth structure but with shib/weth fractal layed over the top there has been a lot of talk about the origins of this coin and its relationship with shib , its got all the ingredients to go on a mental one at some point up into the billions market cap i think

Komen

could be looking at something like this- probably pumps along with shib

Komen

looks like this is finished in the short term, It didn't quite hit my target, but 10X from the call , cant complain

Komen

could well be the top of a 3 wave its bang on the 3.618. its poss it does another quick spurt up like an x or b wave just above the high, but im not hilding my breath, better to take a bit of profit here i think , if it does pull an x take some more, and hold out to snipe the wave 4 bottm and ride the 5th up there somewhere

Komen

Updated count, looks pretty good

Komen

time to get out of this one if youre not already

Komen

somewhere down there for a re - entry

Komen

profits into shib probably

Komen

i noticed it was getting shilled a lot last week on twitter, so some exit liquidity was probably needed, risk now out weighs reward on this i think and there are better plays out there until this cools off a bit

Komen

Could get a deep fast 4 wave on this and then a 5 to the 1.618 of the third

Komen

Getting down there now, i think we just need a bit of final capitulation to get down into that 0.786 target area, Then I imagine we will get a few months of sideways consolidation , and then poss an X/B wave back to the highs and a correction before it starts setting up the minors of macro 3

Komen

something like that longer term maybe?

Komen

yep, , I think this is a buy again now, ride it up to all time high and take profit there somewhere

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