This chart shows that the tesla will find the next support at around $65. After an impulsive wave, the price is heading towards to complete its next wave (c). RSI is at low level where macd is in negative territory.
Solid upward trend within the price channel. This pattern is likely to complete near in the future. The current price action is all above ema 20 30 50 100 200 respectively. MACD is very strong however RSI has got overbought.
The price is correcting within the wave (4) of larger wave 5. In the lower time frame, it is forming a kind of triangle. As a wave rule, triangle is always form only on the wave (4). The expectation is that the price could break the pattern and will continue towards wave (5).
Solana is forming a head & shoulder pattern that would reverse the price of this crypto. It broke the support of $182 and now heading towards next support level at around $157. If the price bounce back from that support level marked as green, we can set up trade for the bullish scenario. If not, then it would be crucial for the Solana price for upcoming months ahead.
Price has turned down from the upper trendline which indicates the end of the wave V. 30ma and 50ma is all above the current price movement that tends the price go further down. Wave (1) is completed and wave (2) seems to end around 50% fib ratio.
Solana is on the way to hit the target of around $300. Wave C is the next leg of an Elliot wave pattern which is an impulse wave, rising upward very strongly. The wave C must overlap the previous wave A as per rule of an Elliot wave.
The stock is overvalued now. The next leg for this stock is to go for correction creating a wave (A). The pattern has completed regarding the completion of a leading diagonal for the impulse wave (1). This is just the analysis and the probabilities. wave count might be wrong. DYOR. Any feedback would be much appreciate. 😁😀
The price is heading towards wave (3) of an impulse. The next likely target is around $63542 which is the end of an impulse wave (3).
Ethereum price is soaring to a new high in 2024 which is very optimistic for the trader who are holding for a very long time. The price has come to start the wave V which is another impulsive move for the price to take higher. The price will hit another milestone very soon until the end of this year.
Going Short for the Ve-chain -Overbought RSI -Very high volume indicating the climax of the uptrend -wave (V) has completed
It has completed the wave ABC correction which afterwards breakout the wedge pattern. The price need to break the upper trendline to go for the long entry. All EMAs are indicating the positive momentum for this crypto.
Gold is on the correction mode with the next target to achieve at around $1900. The price has already formed lower high with the divergence on the RSI. The next expected move in this pair is likely to hit the wave IV of an ending diagonal.
Bitcoin has an upward trend, and it will shine. At the moment, the price has completed the wave (3) with a divergence in the RSI. The next leg according to my analysis would be the wave (4) of a smaller degree to the price target of around $36000 and then it rallies up. Any fundamental news could change the price and the pattern. Before doing any investment in...
The next price movement would be the breakout from the downward trendline. It tells me that the wave (a) has completed and now heading towards the wave (b) which is another correction. The next target would be the confluence point of around $146. The price is just above 30ma and 50ma showing divergence both on RSI and MACD.
The price could break either way out of symmetrical triangle. It seems to me that the price has completed triangle pattern abcde which is the wave B of larger degree wave A. The smaller degree wave (b) was also a triangle pattern which was formed from Dec 2013 till Jan 2017 and then it rallied up. The same pattern is now again on the card which has been...
Solana is still outperforming other cryptos and has a lot of potential for the price to go ATH. It has completed wave iii and has been heading towards wave iv. The wave iv is a 38% fib ratio of a wave iii and the next likely target is around $59.
Short term price movement: The next price target for this huge crypto project is around $1925 which is almost the 50% of the fib ratio. If the price hit that target and bears sentiment still continue then the second target is around $1795, a 61.8% of a fib ratio.
It almost broke out with a nice volume. The symmetrical pattern has already formed where ABCD waves has completed. The last leg E has to go further down to a level of around $0.75-$0.69 from where the next rally begins. The price has supported 200ma and 50ma. One of the good reason for the upside trend. This is my only prediction. Not for trade. DYOR