INJ / TetherUS
롱

Injective & Elliott Waves

990
An impulse leads to a correction. A correction leads to an impulse.

The chart here starts with a bullish impulse. 1,2,3,4,5—blue-left. This impulse leads to a correction. ABC—orange.

The first ABC correction, the bear market, ends June 2022.
A correction leads to an impulse so a new bullish impulse starts right after and we have a new 5-up waves. 1,2,3,4,5—blue-center.

The bullish impulse ends March 2024 and this leads to a new ABC correction. Orange-right. The correction hits bottom 7-April 2025. The end of the correction signals the start of a new bullish impulse, 1,2,3,4,5 blue-right. The 2025 bull market.

This is Elliott Wave Theory simplified.

Namaste.

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