Hello traders, SHIBUSDT in daily timeframe , According to the counting and analysis of the main waves 1 and 2, this process is over and now we are in the wave of wave 3.
The first wave of wave 1 has been completed and now the structure of wave 2 is being formed.
Wave 2 is mostly sharp and deep and its structure is more zigzag .
Also, wave 2 is formed in the form of a zigzag , and from this zigzag , waves a and b are finished, and now we are inside wave c.
In short, the c-wave formed a five-wave leading triangle; From this triangle, waves 1, 2, 3 and 4 are formed very normally, but wave 5, which in the previous analysis we did not expect the descent to go so far, but something happened and this wave count is still correct.
We consider the end of this zigzag and this wave 2 on Fibo 1.00, which is the ratio of wave c to wave a, and it will be necessary to make sure that the channel ceiling is broken.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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