Things on ANKR are looking up since BTC reclaimed the Monday Low ✅ () ANKR is showing promising signs with a breakout from its High Volume Node (HVN) following what might have been the close of a wave 2 at around the 61.8% Fibonacci retracement level. Ideally, we should now aim to surpass the Monday High and break through the 2-hour Supply level, pushing past...
I am going to bid SAGA on the retest of the FVG top at $3.415 Eyeing $3.94 to $4.44 here. Should get some more momentum after the pullback ✅
We're eyeing the Fair Value Gap at $136 👀 Solana seems to be maintaining its position well above the Monday Low and the $130 mark. Additionally, the Point of Control (POC) should provide substantial support here. If not for BTC's fluctuations, this could be an ideal setup since we are stabilizing at wave 4 around $118.77 - indicating potential for an uptrend.
After the big surge the last week ENA grabbed all the resting liquidity in an Elevator like downmovement. Now it seems as if we found the bottom on this wave 2 here with and SFP slightly touching the Demand 30m zone. Lovely reaction and now we got an 1H FVG and an 1H Demand sitting right here. Let's see how it plays out.
I'll feel more confident about a potential uptrend if we can surpass the ~67k mark, where Monday's high range lies and from which we were rejected on our first bounce. If not, we're likely to continue experiencing volatility in this zone, potentially dipping to yesterday's lows around 61.5k. The 60-59k range—a critical support zone, that should mark the end of any...
Trying something here on WIF with low risk. Trying to sweep the Monday Low and grab some Buy Side Liquidity below it right into the Demand 1H zone. Wave (2) should be completed here and WIF should not fall below it. So I am looking for longs and nothing much to say here. I am going to update you once something happens 👍 Entry: $2.3722 SL: $2.1907 TP 1 (50%):...
The plan for ETH, Wave 4 should be completed now after the Buy Side Liquidity got grabbed and a continuation sell off occured. Anticipating an Change of Structure (COS) and a supply breaker. Going to bid the retest above Monday High. We shouldn't be falling below the current wave 4 at $2791 I am going to send out more Low Time Frame (LTF) thoughts and setups in...
Having observed sufficient weakness in the market today, we are ready to place a limit order for Hedera. We've decided to set our limit order at the 38.2% retracement level, primarily because we are already close to the level of Wave 1. However, it's essential to note, from a realistic standpoint, that theoretically, Wave 4 should not drop into the level of Wave...
Fetch.ai, boosted by the AI hype, is charting a 5-wave cycle on the daily chart. We're likely at the conclusion of Wave (3), approaching Wave (4), which is expected to hit the 38% to 61.8% retracement levels. However, it should not reach 61.8% as this would fall below the level of Wave (1). We anticipate the price stabilizing between a 38.2 and 50% retracement....
For Ethereum, we have a new setup and anticipate that Wave ((i)) has completed at approximately $3,525. We now expect to see Wave ((ii)). We believe we are currently in a Wave (c) within Wave ((ii)), which should reach a retracement between 50% and 78.6%, equating to a range from $3,324 to a maximum of $3,175. Following this, we anticipate a rise to at least $4,092.
Looking at Chainlink on the daily chart, we've noted the development of a 5-wave structure from a low at $5, culminating in a Wave 1. This wave is projected to range between $20.3 and $25, currently aligning well with the $20.3 mark. Following this, we anticipate a retracement towards Wave 2, which is expected to fall between 50 and 78.6% retracement, landing...
Since entering Cardano at Wave 4, we've seen a 30% increase and anticipate further growth towards the overarching Wave (1). Subsequently, as expected, there should be a Wave (2), which would likely result in a deeper retracement, potentially flushing some participants out of the market. However, there remains a significant upside potential until then. The exact...
Similar to other cryptocurrencies, Uniswap presents a scenario where we're concluding Wave 3 and now developing Wave 4. This Wave 4 is expected to retrace between 38% and 50%. We're setting our stop-loss below the level of the subordinate Wave ((iv)), to accommodate the possibility of this level being revisited without being stopped out. The upward trajectory...
Volkswagen's chart has been performing well, aligning nicely with our expectations, though it might not apply universally for all Elliott Wave Analysts. We've made three entries into Volkswagen, closing one while still holding two. Our first buying decision was timed during significant pressure on the German stock market, particularly impacting the automotive...
Google is currently experiencing a significant drop, just as expected, with a decline of more than 3%. We should soon be at a point to conclude Wave A of this correction, then move upwards into Wave B, and finally downwards into Wave C. The exact development remains uncertain. Google moves very similarly to Apple, yet they are not in an identical cycle. We don't...
At Volkswagen, we're now placing a limit order for Wave (ii), as we've once again failed to master and reclaim the trend channel. Consequently, we've fallen below it again. However, we believe we're dealing with Wave (ii) and anticipate a significant push upwards after a bit more selling pressure. This situation has a somewhat sour aspect, as it's possible we're...
The Hang Seng Index, with everything measured in Hong Kong Dollars rather than US Dollars, offers a distinct perspective within our analysis portfolio, focusing on the Hang Seng Index Futures contract. Starting with a weekly chart overview, we've identified that the initial cycle likely concluded in 2008, followed by a flat correction. Notably, the correction for...
Oracle is another stock we're adding to our analysis. Firstly we're particularly looking at the monthly chart to grasp the big picture. We believe that since the start of the entire cycle around the $3 mark at the turn of the millennium, there has been a rise to a maximum level of $127.5, marking the end of our Wave I or the 5-wave cycle. Now, we anticipate being...