Hi. COINEX:BTCUSDT 😊 Today, I want to analyze Bitcoin for you in a 4h time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). ➡️ As you can see, Bitcoin has completed its 5 ascending waves and now it is time for it to...
We have been hovering close to all time highs. This is the 1-5 structure of EW, with a corrective ABC to below 6700 GZ marked on the chart. Alternative could be extension of the last V. wave above 8100 (unlikely). Look for shorts at: -CMP -7820 -7908 as the top. Goodluck.
Trade Idea: Abc Correction after the 5 wavy uptrend Target 1 38% RT Target 2 50% RT Sl above the All time high / resistance
i believe we had some true Implosive 12345 and now in the formation of the correction ABC cycles please correct me if i m wrong on it i have speculated a Head and shudder also in the ABC correction cycle
12345 - ABC Hey hey ! So wait and see on the beach with the weed.
Looks like were heading in to our 5th leg of this elliott wave pattern
I hate to say this considering I'm in ACH but it looks like ACH could continue its move down all the way down to the 786 at .062 before an eventual continuation upwards. That said I'm obviously hoping the bottom is currently in :) Would love to hear thoughts from you guys.
Based on the fib I think we can expect the ABC retracement to go down to the 786 at .49 for a continuation of the overall trend upwards. Love to hear thoughts on this.
Im new to Elliot Wave theory but if this layout is correct then are we headed toward an ugly multi year ABC corrective wave (bear market)? Let me know your thoughts
End of 20-21 bull cycle will end with a rollercoaster. Elliot's wave plays out perfectly. Bear market starts beginning of Feb 2021. Right or wrong and why?
12345 wave not completed and bias support line that start from point C ended with the smaller bobble above it, that show pressure of resistance of grows, with this pattern can predict that pattern of recent grow will be repeated and from the price of 52000, may have be correction and bearish pattern.
XRP is looking bullish to me pack your bag's we are at take off. what I expect is one of 2 things to happen 1. (Orange) ABC Pattern to 1.349 then back to support at 1.0147 then up to monthly Fib 0.618 at 2.0936 price. or 2. (White) 12345 Pattern Up to Monthly fib at 2.0936 back to fib. at 1.34989 and straight to my target 1 at 2.9836 + I'm not trading...
Here we have bulish sign in RSI and also a cross up point in MACD. Also the 12345 wave is now completed and I think here is good place to open long.
When we look at the chart we can see that the DAX is testing a daily wedge. Do you think it will be able to stay below it? We can also see that there could be an elliott wave formation in play. Please let me know in the comments what you think of it. If you like the idea don't forget to give it a like and follow me for more ideas. If you have any questions, feel...
This is very speculative and is an early analysis of the Elliot pattern. Still early to know if we are in the ABC correction until we break the lows, Otherwise this will be discarded. But who cares! Thats what we do, we analyze and if we are wrong, we change our BIAS! that's the power of trading. And , I'm bored.... Short Term Bearish, Medium to Long Term Bullish...
Hello, traders. If we count Elliot waves in XTZ we are going to see very clear patterns of its impulsive waves and corrective waves, we believe that the XTZ corrective wave has now ended with the support test at an important support level and we may be heading towards starting another bullish movement for this asset with the waves 1 2 3 4 5. I know the chart is...
Elliot cycle ending of the ABC looking for a new impulse, blue zone is the reversal zone