This is a time to be very careful, already having a ready strategy on the possible scenarios that will arise. The price has been gravitating around the previous ath for days, this could mean that the test of the highs could last a while, if we then look at the macd, a slowdown is evident which could indicate an ongoing short-term correction. So far it is going...
Pfizer (PFE): NYSE:PFE At Pfizer, we believe that Wave (2) has not yet completed because Wave B precisely hits the 138% level and structurally does not make sense unless we see a breakthrough of the invalidation zone of the potential subordinate Wave (i) at about $41.62. However, we must form at least a double bottom at $11, which is our minimum expectation...
📈 Bitcoin has recently exhibited a rising wedge pattern on the 4-hour chart, indicating a potential correction in the near term. This pattern is characterized by converging trendlines forming higher highs and higher lows, signaling a weakening momentum and a potential reversal. 🔍 💲 As of the time of writing, Bitcoin is trading at $68,200, and based on the...
Today's focus: BTCUSD Pattern – failed high? Support – 63,140 Resistance – 68,290 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the BTCUSD daily. After yesterday's fightback rally, we have run over a few ideas around BTCUSD. Will we see the current selloff continue despite a firm move from buyers yesterday? Will we see buyers...
Bitcoin with ticker BTCUSD is coming down out of the wedge pattern and it looks to have a completed wave (5) of 3, so we should be aware of deeper, higher degree (A)-(B)-(C) corrective setback within wave 4. It can actually retrace the price back to 64k - 59k support zone before we will see a bullish continuation for wave 5 of III.
CRYPTO:BTCUSD the chart says it all . check out my last idea for detailed information on this subject
The trendline had its importance, the price crashes into it and retraces, I hope only in the short term, otherwise I may have done the math wrong. There is. Nobody knows the future and technical analysis is the study of the past, therefore the probability that this ongoing movement is a short-term correction is high, for the simple context in which we find...
BINANCE:BTCUSDT Bitcoin might go for a few weeks of correction . i think we have seen the most of pre halving bull trend this price action suggest more correction is needed before we can go higher . I personally don't think there's much juice left to push the crypto market higher at most I can expect another upside move before we go down for the halving...
Polkadot (DOTUSD): BINANCE:DOTUSD Polkadot appears to have completed Wave (2) with a notable level of certainty. Upon further analysis, it increasingly seems we're witnessing an ending diagonal pattern. This indicates the potential conclusion of the current uptrend shortly, leading to a corrective downturn for Polkadot. While Wave 1 could theoretically extend...
Bond/Usdt Breakoit was already confirmed on higher time Retest is almost done Expecting 80-160% bullish rally icoming days : Let's see This is not financial advice
4H Timeframe: Bitcoin broke through the $70,000 area and pulled back, forming a lower low and a lower high. These are the first signs of a trend change in the medium term. Based on this analysis, the first target for this correction is the $63,000 area and the second target is the $61,000 area. Weekly Timeframe: Bitcoin is still in an uptrend in the weekly...
The recent rally has come to an end as you all can see but is this a buying opportunity or a sign of things to come? Key points: ]MEME coins are experiencing a pullback. This could last days or even weeks. Coming price action will tell. Fibonacci levels (100%, 127.2% , 161.8%) could be potential entry points. These levels represent historical support areas...
Current Status: BTC faced rejection near $73,000 and has initiated a corrective move, which is healthy after its rapid ascent in recent months. Key Support Levels: $65,000 $60,500 $56,500 Potential Scenario: This correction might unfold gradually over the next few weeks. Expect relief bounces amid the descent, during which altcoins could outperform BTC. 📊...
BINANCE:BTCUSDT what i see from the situation here we may be in a down trend for some time. but i think this correction is a great opportunity to buy some altcoins as bitcoin cools off a bit . i can't say precisely how much more we go down but the low 60k$ to high 50k$ range is not out of the equation. but we will pump fast and hard when this correction ends...
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: For more than three years, Tesla stock has been trading in a bullish flag formation. Two months ago Tesla once again retested the upper resistance trendline and failed to break out towards the upside. There are two major support levels below current market price...
Nasdaq (NQ1): CME_MINI:NQ1! Examining the Nasdaq on the daily chart, it appears we may have indeed reached the final level of the potential primary scenario Wave 3 at the 461.8% extension, which is around $18,400. Now, we should be entering a Wave 4. If we continue to rise beyond this point, we might consider an alternative scenario where there is a bit more...
An old trendline drawn on long-term cyclical lows, today seems like a good resistance where perhaps the price will have a small moment of pause, perhaps in the short term (3 weeks - 1 month). Last week's closing above the historical highs or in any case in that area also seems to give continuity to the bullish trend, but here now it is more important to try to...
USDollar Index - DXY is falling due to lower US Yields and we have been talking about that in the previous articles. There can be actually room for much more weakness, but on the intraday basis, we see room at least for one more leg down towards 102.00 level or lower. We have seen some intraday recovery recently, but looks like a clear corrective movement in...