Shiba Inu will definitely go higher later this year. Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249. It's always important to do an Elliott Wave technical analysis for such pumps to stay in full picture. We need to see the full market...
2024-03-17 On St. Patrick’s day this pair looks greener once again after the Bitcoin mood turned negative this weekend and erased about a third of WIF’s gains in prior weeks. Since trading began in December, the pair experienced an Elliott triangle correction into the last week of February, when it finally took off in a clearly structured impulse wave that took it...
FX:XAUUSD continues to form correction. Price has been breaking through support since the open and is testing the key liquidity area formed on Dec. 4 $2,145 - $2,150 Overall, the price is not ready to go above the made high. Yes, there was an earlier breakout of the resistance level from December 2023, but there seems to be pressure from the resistance side...
The plan is detailed enough, our goal is to ride the next wave of BINANCE:BOMEUSDT pump. Set your buy limit orders accordingly. Follow me and support my ideas for more trade updates. Let me your thoughts in the comment box. Cheers!
FX:XAUUSD is updating the global maximum. The distribution stops. The market goes into correction state. But, what is also interesting, a setup is forming on the chart, foreshadowing a support breakout. Let's briefly discuss the current situation in gold, without a long rant. The upcoming week is full of news. FED & FOMC meetings and Powell's speech are the...
OANDA:GBPJPY has been forming a bullish trend for 4 years. This trend may continue its growth as the national currency of Japan is not going to strengthen. On W1 we see a clear trend within the global range. The target in the medium and long term could be 195.844. On H1 there is a beautiful price channel and flat. Within the flat price is trading between...
ICP looks very strong from a technical perspective. We can see that we have started this whole uptrend with an impulse wave 12345, which is very good to see if you are an Elliott Wave trader. We are now in a corrective phase, and usually we want to see a liquidity sweep below the previous wave (4). In this case, below 8.5 USDT - that would be a great level to buy...
Bitcoin almost reached an all-time high, but not yet. Wait for it; it will go above the previous ATH from 2021 pretty soon! And what happens after that? A lot of people will start buying the new all-time high, the news will be full of articles, and retail trades will buy the peak. Whales need liquidity, especially on BTC, so they will trigger a massive crash after...
Let's try making some money with PEPE going down, That way we can load up more for the actual bullrun! I'm not a financial advisor! But if you follow my charts I suggest you put a tight SL on everything I'll make it simple White line is resistance, you can take profit here and I normally do because it just bounces down and I add more on the way down All...
Compared to the forecast we published two weeks ago, the natural gas prediction turned out to be 100% accurate. A comparison of the 1 hour charts is shown below. Though I was able to accurately predict the exact shape of the recovery from the recent low, I was uneasy about the longer-term outlook. On daily chart I repeatedly expressed my discomfort with the lack...
In the first rally we can count 5 Waves up (white 1) followed by a retracement into the typical Wave 2 support (white 2) between the 0.786 (at ~0.0048) and 0.5 (at ~0.0098) Fibonacci retracement where we got a bounce from (green 1). We assume the latest bounce was the 1st Wave (green 1) of the 3rd larger Wave (white 3) and we are currently testing the Wave 2...
ENJ atinge todos os alvos espelhado da perna de correção de Dezembro - 23 à Janeiro - 24. Podendo realizar agra uma correção até região dos 0.4200. Essa correção pode caracterizar a onda 4 (Possivel lateralização pré rompimento de MM200). Forte alvo possível para onda 5 em região de 0.9480 - 1.1100.
FX:EURUSD is testing the local channel support. The probability of a breakout attempt is quite high, as the currency pair is trading on a negative fundamental background. The dollar is strengthening after a wave of positive news, at the same time EURUSD is hitting a strong resistance at 1.0949 on D1. A bearish candlestick is being formed with the session...
DOT atinge primeiro alvo espelhado do impulso e correção de Outubro - 23 à Janeiro - 24, na casa dos 11.700. Ainda possui alvos maiores em torno de 13.000 - 15.270 afim de concluir o movimento da onda 3 e assim realizar uma correção de preço.
Review: Let's review the key points of the previous update (Feb 24th): Wave b of W of (B) completed as a triangle. Started wave c of W. 3 weeks of extreme bearishness ahead going into a 20W trough. 80D cycle FLD has generated a downside target of 168.94 to 170.84 for the upcoming trough in March. Trough expected March 8th to 23rd. Update: We...
SUN will break 0,007$ to be on its way for an explosive bullrun.
Elliot wave is finishing leg 5 of the macro leg3. Buckle up
Regarding Micron Technology, we believe we are dealing with an overarching Wave (3). This wave should reach at least the 161.8% extension level at $158. We've seen the Wave (2) low buy at $1.36, indicating significant parabolic momentum has been built up. Since that low, there's been an increase of over 5000%, which is staggeringly high. However, as rapid and...