Hello ladies and lads, hope you are well. Tron apparently is at the end of D wave of ABCDE corrective structure. We should be cautious if we have long positions on this particular coin. On the other side, this could be wrong if we break through the trendline that is ahead of the price. In that case, the price should breakthrough C's Top to invalidate ABCDE...
ABCDE TRIANGLE CORRECTION is about to complete in NIFTY, As per NEO wave counts temporary low formed in NIFTY@16142. wave 'E' segment is less than wave 'A' segment is the first confirmation of correction ending. The final C wave is also less than A ,in wave E segment also give a secondary confirmation. to get a final confirmation bulls has to lift the nifty to...
Last time we discussed the RSI buy signal on the 2-day graph. This happened at $37 640. This signal has long-since been stopped out. What many fail to notice is how these RSI strategies don't hold some mystique truth that no one else knows about. The buy and short signals have an average win rate of 30-35%, meaning that most signals in fact do get stopped...
THE SUPER BUBLE A super bullish rally after a sharp sell off (corona crash)from 2192 to 4818 is in the form of ABCDE diagonal CORRECTION BEGINS Now SPX is in corrective mode, and the first leg (wave 'X') completed @4114,following a recovery rally (wave 'X')also completed@4637. MORE CORRECTION NEEDS CONFIRMATION The second leg of correction (wave' Y') WILL BE...
LONG time charts ,weekly,monthly are easy for deciding the market direction. daily charts are the lowest time frame in elliott wave analysis to count sub waves. if you want to trade tension free ,follow daily charts take position for a weekly and monthly targets. A simple idea is shown in the above chart. we have completed 2 legs of corrections as wave 'A' and 'B'...
Hello everyone. The unprecedented inflation figure since 1981 and possible two 50bps interest rate hikes have scared investors. I noticed on last Friday that almost everything drops, including crude oil, gold, natural gas, bitcoin, global stock indices. You name it. Funds have flowed into dollar and treasury because those are safe-haven assets. Yen dropped a lot...
If there is one thing I love about APE it is the way it respond to Elliot Wave analysis. Wave 1 ending at $17.298, wave 2 respected the Fibonacci retracement level of 0.786% at $9.505 then consolidated forming the a,b,c,d,e corrective Elliot wave 2. After breakout we see the 1.00% Fibonacci Extension perfectly at $19.580. (now this is where the trap occurs most...
Hey Traders, As you can see, the Weekly Candles of XMR (Xonero) reveal a Falling Wedge pattern via the bodies. After a large downtrend, the 0.618 level from the peak to the trough is the most common retracement zone (AKA the Golden Pocket). The price breakout out of the falling wedge is also set near $400 (based on the first impulse-up move within the pattern)....
COINBASE:ETHUSD Ethereum is at a major point of resistance here. possibly burst through supply zone could make this a runner. Fibonacci levels marked for possible targets. cup and handle with handle in process.
APE is interestingly forming a corrective Elliot wave 2 pattern on the 4 hours timeframe. The "d" is the next resistance target after which a retracement to "e" (support) will occur before we could see a new "ALL TIME HIGH". You can buy around $12 - 12.25, set your stop loss at $11.82 and take profit at $13.10 - 13.4 for quick profit. If all analysis fails,...
On ZEC we have a nice chart, very clean. Wait the next lower and buy.
This is my Triangle Idea Please be kind as i am a noob to wave analysis Any comments, pointers, tips or corrections are very very welcome This is only an IDEA!! Triangle correction for wave 4 of an 5 wave impulse
Possible ABCDE Symmetrical triangle wave pattern (3-3-3-3-3) in play. This could be a continuation of the main trend after consolidation.
Been a while since I've posted an update on ETH, starting to catch my eye here as it continues to sell off for potential long entries. ETH is holding quite a large falling wedge here on the daily timeframe but also is testing a long-term uptrend line. ETH is also seeming to be following an ABCDE Elliot wave so will be looking for a potential bounce or breakout...
BINANCE:UNIUSDT UNI bullish pattern Harmonic The indicators are working systematically. And it looks like the trend is reversing to an uptrend while bitcoin continues its downtrend. Let's see what the future holds for UNI. to test my unique harmonic strategy.
Hi all, It's goldencloud Crypto Jude here. It cames dump impulse and coming ABC now. I think Bit will go bump one more time with Impulse. See how it goes
#XAUUSD GOLD We are in the b wave , if this count works then we will see some drops in gold , still b wave didn't completed , will let you know when completes .