What you see here is a Adam and Eve patten with a Elliot Wave count.

3 Trade to be taken:

Wave: 2 Long:
Wait on entry below current price: $142 to take profit on around $187.

Wave 3 short:
This one will be a short because of the Grab Harmonic . This short is risky due the Adam and Eve pattern. Entry short should be around $190.

Wave 4: Long:
Wait for the pullback of wave 3 for a entry on around $160 and aim for the target 5 which could be around $200 – $216.

Wave 5: Short:
Between $200 – $216 is a big resistance. Together with the wave 5 confluence for a correction wave it’s a good opportunity for a short trade. Target should be $160.

BINANCE:QNTUSDT