There is almost no doubt that Bitcoin will continue in the bull market in 2024/2025. After the ETF approval, Bitcoin is going up as institutional investors gain confidence in this type of investment. But what all people want to know is when to sell Bitcoin and prepare for the next bear market. Bitcoin's bear markets are very devastating, and the usual correction...
Bitcoin is preparing for a pretty significant crash (in June). Why do I think so? We need to look at the previous price action because in May, Bitcoin pumped by 25%. If we take a look at May's price action, we can see that the uptrend created a FVGAP at 62k, and these gaps tend to be filled sooner rather than later. This is, of course, not the only reason why I am...
BINANCE:BTCUSD reaches a strong $71500 liquidity zone as strong ETH-ETF related news is released. A trap from the market maker catches the crowd off guard and now the market is ready to move on Toretically, the correction wave ends after the false breakdown of resistance and liquidity zone 71500. Bulls successfully hold the defense above the support 67241....
FX:XAUUSD reduces volatility and shrinks into a narrow range before the news. US GDP did not play any role and traders are waiting for the general fundamental background. Locally, the downtrend. The trend is downtrending, but on yesterday's news the price is trying to break the channel resistance, forming a consolidation of the price above the line. But if...
This is a post I have been meaning to do for a while, and now seems like the right time. If any of you wavers out there are having trouble discerning even a diagonal out of this junk, this is my real theory and my actual count on the S&P index, futures, and SPY. I posted this picture a in a couple of rooms on discord, and figured, hey, why not publish. Here is...
#TOTAL3 has flirted heavily with invalidation levels of this count. So long as we stay above current level's, TOTAL3 is poised to make a strong move to the upside after months of consolidation.
Hi traders, Last week SPX500USD made exactly the move I've said in the outlook. So now the correction has finished and we could look for longs again. Trade idea: Wait for a correction down on a lower timeframe and change in orderflow to bullish to trade longs. If you want to learn more about wave analysis, please make sure to follow me, give a like and...
Could very well be done here already with the orange count or could provide at least another low with the yellow count.
Based on the current price action, it seems wave 4 is over, bounced on the previous resistance level ($66k-67k) and now beginning to slowly approach the wave 5 target, which is in area of 123.6 – 161.8% wave 4 fib. If the target area hit, the monthly close would be beautiful. Disclaimer : this is my first time using Elliott Wave, so NFA.
Hello friends In digital currency Cardano(ADA) we are witnessing the formation of a 5-wave Elliott pattern. Waves 1, 2 and 3 have been formed and completed. Wave 4 is forming. According to the formed pattern, we are probably facing a triangle, which is very common in wave 4. Therefore, to complete this pattern, we expect to have a growth up to the range of 05000...
Hi traders, Bitcoin consolidated some more and it looks like it's making a triangle (wave 4). If this analysis is correct we could see the next upmove (wave 5) next week. So let's see what the market does and react. Trade idea: Trade longs after the finish of the triangle. If you want to learn more about my analysis, please make sure to follow me, give a...
According to Elliott Waves, we are still in the fourth wave which extends from 73777 to 49950. Sometimes Bitcoin exceeds the wave level, I Think that Bitcoin is not finished falling, and will start falling from 74,000 – 71,000 to the red level of 55,900 – 49,900. Then after that we will witness a real bull run extending to 85,000
Hi traders, Last week XAUUSD made the correction up. So after the finish of the correction next week we could see another drop to finish the bigger complex pullback. Let's see what price does and react. Trade idea: Trade sells after a correction up and a change in orderflow to bearish on a lower timeframe. If you want to learn more about trading with ICT/ SMC...
NASDAQ:NVDA on weekly produced a bearish evening star candle, which coincides with bearish RSI divergence on the weekly and also 5 waves complete from Oct 2023. More downside is expected, as seen in 1 hour chart where the first 3-wave (wxy) drop in the last week of May had RSI divergence which needs to be erased in a double correction. Likely drop to at least...
Hi traders, Last week EU went down and up in a range. The way price is moving it looks like it will make a bigger correction down to maybe finish the E-leg. If this analysis is correct we could see another downmove next week. After that we could see the bigger upmove. Trade idea: Wait for a change in orderflow to bearish to trade shorts after the finish of a...
HBAR, the most recent price action on CRYPTOCAP:HBAR is likely to have been a running flat with resolution now, or at the next Fibonacci level.
Looking at a possible Elliott Triangle Wave 4, with key supports at 67125.40 and 66317.75. Price needs to stay above 65541.11 for impulse wave off 56547.64 to remain intact. Key resistance at 70623.35, 71939.10, 72756.63, and ATH 73757.39.