Overall, BTCUSDT still appears to be in a long-term downtrend according to chart analysis data. The trend seems to be under the control of the Bear camp, with the current price sitting at $60,800 USD. A potential upward movement may still occur, but it's likely to encounter resistance around $64,200 USD. Considering the prospects, BTCUSDT is heading towards the...
BINANCE:BTCUSDT has been showing bullish prospects all week and has been consolidating above key zones, preparing to go higher, but on Friday the market changed to bearish and there is a reason for that. BTC lost 3.3% on Friday and is currently painting a bearish picture. There are two reasons for this: Inflation related news, basically proving that...
I think all magnitude is worked out. Hate to call it, but, it is time. See you all on the moon.
Gold is extremely bullish and is expected to double its value in the next few years. We want to take advantage of this bull market and implement long-only strategies on futures. Right now, GOLD is breaking out of the descending channel, but I want to see a retest of it. The price broke out of this channel but created a fair value GAP. These GAPs tend to be filled...
Gold was under a downtrend that it broke. Now we can expect a pullback to the support range and continue the uptrend towards targets 2352 ~ 2358.
EURNZD is currently in an ABC correction. We've completed wave B and now we're in wave C. The completion of wave B can be used as a strict invalidation level for our short play. We can use a channel to gauge the target for wave C, which happens to be the -27 fibonacci extension of wave A. Trade Idea: - Watch for a correction to appear - Enter on break of...
As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for...
Hello. As you can see, Bitcoin failed to break the Ascending triangle in its last attempt, and now it is making a fourth downward wave based on Elliott , and than we have to wait for Bitcoin's rise. 👀To motivate me ,Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️ ⚠️Things can change... The markets are always changing and even with...
Hi traders, Last week XAUUSD went up again. I think this could be the end of the X-leg. So for next week we could see another drop to finish the bigger complex pullback. Let's see what price does and react. Trade idea: wait for a clear break of the bullish orderflow.. At the moment it's still very bullish. If you want to learn more about trading with ICT/ SMC...
✅As I expected in the previous post , PEPE was corrected by more than ➖50% . 🌊According to the theory of Elliott waves , PEPE is completing the main wave 5 , and most likely, wave 5 is a truncation type . 📚 A truncation is the fifth wave in an impulsive pattern that fails to exceed the price extreme of the third wave. It suggests underlying strength or...
Yesterday we took a look at altcoins that are not doing great - today we'll list a few alts tat are performing well and still have further upside potential. 👍 TRBUSDT 👍SOLUSDT If Solana can CLOSE above $150, it is highly likely that the Elliot Wave theory is still in place: 👍 RUNEUSDT 👍 BNBUSDT BNB is looking strong, it's likely we'll see a new ATH...
📈Today, I want to analyze the Solana(SOL) project for you. Is it possible to create a New All-Time High(ATH) or not ❗️❓ 🤝Please be with me. ❌Solana(SOL) was unsuccessful in the first Attack on the 🔴 Resistance zone($259.9-$196.40) 🔴 to create a new All-Time High(ATH) . 🌊In terms of Elliott wave theory, Solana(SOL) seems to have completed the main wave...
EUR/GBP Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
We are looking for sell/short positions in the supply range. The targets are marked on the chart. At the bottom of the chart we have a lot of IFC moves. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then...
Forecast for CRYPTOCAP:ETH : The wave movement of CRYPTOCAP:ETH is very clear on the daily timeframe, with a zigzag correction wave countering the impulsive increase from $2200 to $4100. It's almost similar to BTC's impulsive increase being responded to with zigzag correction waves. Let's do something: the perfect dip area is $2400 on the first touch, but...
👉 There Is a Inverse Head And Shoulder Formed At The Chart And Currently The Price Completed Right Shoulder By Pullback Above The Previous Trend Line,I Don’t Expect a More Correction And In My Idea Correction Is Completed At 56500$ As a Wave C Low 📈 Bounce From Here Toward a 65k And Breakout Is a Main Action I Expect For Incoming Days And Then 73K As a Main...
Hello friends, Finally, We will get the confirmation of ending the Green wave B Soon. I hope to update you, Don't forget to follow/subscribe, and like my content. Thanks, Bros
#BTC UPDATE 🔵 Technical Analysis (1D): BTC is currently consolidating within a falling wedge pattern, managing to stay above the indicated level. A breach of this level may lead to a retest of the support trendline within the wedge. Conversely, a #bounce from this point followed by a breakout of the wedge would signal a shift to bullish momentum. Given the...