Hello traders, SHIBUSDT in daily timeframe , As we counted, the 1st and 2nd waves are formed and now we are inside the 3 main wave.
This wave 3 has ended its microwave 1 and now we have doubts about the beginning of microwave 3 and the end of wave 2.
Wave 2 is zigzagged in its current structure, and this zigzag has ended and entered a new phase by breaking its channel.
It should be noted that the correction for wave 2 is both normal in terms of time and correction.
This new phase is most likely related to wave 3.
In the second probability it is related to the x-wave and in the third probability it is related to the a-wave of b from the plate.
Of these possibilities, completing a microwave of 1 in 3 out of 3 would be our most likely option.
However, due to the recent corrective movement and its prolongation, there is a possibility that the correction will continue and it will be confirmed whether this wave is x or b.
However, in general, we think that an upward wave will be waiting for us by breaking the trend line upwards, and if the warning range is broken downwards, the counting should be reconsidered.
🙏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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