BINANCE:BTCUSD breaks through the 69K mark, grows by 8% and hits a strong resistance zone. There is a high probability of forming a false breakdown before further correction, as there are reasons to weaken the price a bit before further growth. The flagship of the cryptocurrency market updates the high at 73794. Technically, 69K is starting to sell off...
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...
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...
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...
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...
FX:XAUUSD is being held very tightly within the downward correction channel. The fundamental background on the market is weak, at this time the dollar is growing, which in general negatively affects the price of metal. Set-up on H4 shows us a strong resistance on the market. In general, this is due to the negative fundamental factor because of the economic...
GBPAUD could be worth the risk to short for the interest news tonight. I believe that GBPAUD is in a corrective channel and should go down for a wave C. This wave C is part of a larger corrective pattern. At the end of the wave C we can expect GBPAUD to rise, rising to the highs of August 2008.
AMEX:SPY March 18, 2024 Daily For the last rise from 493.56 to 518.22 AMEX:SPY has retraced 38.2% levels and is now at 21 day support. 61.8% of the move is 503 levels. So it is crucial that AMEX:SPY holds that level for any uptrend now to continue. Buy on daily is only above 518.5 levels. For the day in 15 minutes chart consider the last fall 514.94 to...
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.
Nice deep pullback 3 of 3 confluences met 97.200 target area where some liquidity is sitting .
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
🏃♂️ Floki Inu(FLOKI) is moving near 🟡 Potential Reversal Zone(PRZ)($0.00035-$0.00030) 🟡and All-Time High(ATH) . 🌊According to the theory of Elliott waves , it seems that Floki Inu(FLOKI) has completed the main wave 3 , and we should wait for corrective waves . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . ⚖️ Floki Inu(FLOKI)...
You all know that BINANCE:ARBUSDT will experience massive token unlock in the next 4 days, this is March 16th 2024 precisely. It is going to be an opportunity to get in ARB coin, I am tipping ARB for a massive run after the sell-off is completed. We are going to buy with this strategy as marked out on the chart. Then we will ride this to the top. Note: I am...
Descending Triangle is formed as shown on chart . RSI below it 's MA and the 50 level thus momentum is down and strong . Good LUck
Looking to sell, EURNZD from 1.79230. Stop loss is 45 pips & TP 1 is 100 pips. TP2 at 200 pips. Here there is a key level, trendline in current bearish trend. It aligns with EURAUD remaining below the last high created, giving correlation for the bearish play on EN. Confluences: Key Level 61.8% Fibo Trendline Catch you later traders ▲
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
USD/JPY is rising towards a pullback support and could potentially bounce off this level to fall lower. Buy entry is at 149.180 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 149.915 which is a level that aligns with the 78.6% Fibonacci retracement level. Take profit 1 is at 148.148 which is a pullback...