The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...
Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Technical Section: Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did) Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to...
Hi. ➡️ the odds of another bullish Movement is Pretty high because the pattern which SHIB is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The...
Hi. ➡️ the odds of another bullish Movement is Pretty high because the pattern which PEPE is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens.... ✅ Due to the Ascending structure of the chart... 🟢 The odds of another Bullish Movement is High! 🟢 Bullish wedge is Visible on The...
According to the FET, it is inside the large C wave and this wave is a large diametric. It seems that we are at the end of the e wave of C. From the red range it can drop in the medium term to complete the big F wave to the green range. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop...
I am seeing 2 possibilities... One is that a rising zigzag has been completed and its correction appears. The other is 1-2-1-2 scenario.
Gold’s recent rally accelerated last Friday, driven higher by weak US economic data, and the rally back towards a new all-time high has continued this week with the precious metal posting a $2,141.8/oz. peak yesterday. This left gold just $3 short of printing a new ATH. The technical outlook for gold remains positive and suggests that the precious metal will...
// use 5mtf // i give pairs of lines colored red and blue . if you have any more conformations you can take tardes form that areas
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
This coin must be the most complex coin ever. But I remain bullish with my bias to $50-$60 top wave 3 into late 2025
📥 At This Update I Wanna Describe My Ethereum Prediction At High Timeframe, So Let’s Start 👉 By The First Look, There Is a Clear Bull flag Formed At The Chart By The Perfect ABC Formation That The Price Bounced From The 2880$ Support As a Wave C PRZ 📈 Currently There Is a Important Resistance At 3240$ And The Price Playing Below It, But I Expect a Breakout In...
FX:USDJPY does not pay attention to the behavior of the American dollar. The focus is on the Japanese yen. The currency is in a strong sell-off and continues to get cheaper, while a beautiful set-up is forming on the chart. Rising triangle in the global perspective and in the short term: on D1, on H4 and on H1. A beautiful situation, when the chart lives its...
Hello,Traders! GBP-USD went down but Will soon hit a rising support Line from where we will Be expecting a local Bullish rebound Buy Like, comment and subscribe to help us grow! Check out other forecasts below too!
Today I TRY to make Simple Analysis. On Weekend Bitocin had Broked Three Resistences(2 Black Lines(Resistence #2&3 and Yellow Area). and Last Weekly Candle is Closed inside Yellow Area. And Thats Positive. But Till When We Have Not Broked Yellow Lines(Red Arrows) we are Still in Retracement and i Think now Price is Going To touch These 2 Yellow Lines. And From...
Dear Colleagues, I suppose that the wave "4" of the higher order is completing its movement. I expect a possible update of the minimum and reaching the area of 2281.89 or the beginning of the upward movement to the resistance area of 2358.71. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2322.8 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2362.6 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...