Solana was consolidating after an excellent move up. The consolidation looks like flagging to me and happened on lowered volume which is what we want to see. Price pulled back to the previous support where it bounced and formed a pin bar indicating my favorite Spring action setup. The Spring offered a 1 to 1 opportunity for scaling out. Now there was a visible...
Bitcoin is currently going up in the short term, but do not fall for this uptrend. It's clear that the downtrend will continue, and we will see a huge dump to 34,000, probably in March. As per my Elliott Wave count, we have finished a huge impulse wave, and now we need to make an ABC correction so we can go higher to 100,000 in 2025. Wave A is complete; now we are...
Hi. ➡️As you can see, VVUSDT is completing this pattern, and if it follows this pattern Price can grow a lot. 🟡Summery: -VVUSDT has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pattern is Visible on The chart! -No break out yet! -AB=CD 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _...
Asset: EURUSD Bias: Bullish Price range: 1.0765 ~ 1.0735 Confluences; 61.8% retracement of 2023’s 4th quarter bullish rally 100% extension of the first bearish wave from 28 Dec to 5 Jan (Healthy corrections appear in 2 equal legs) (Elliot wave) (Harmonics) The lowest level reached in Dec 23, price flirted but never closed below this level during Dec 23. ...
That can be a valid entry for an Upthrust from an obvious support/resistance line. Previous high taken and price reverses. Some people call this a fake-out, you can see it as a double top in a downtrend. It's a matter of interpretation. The longer target is the 1 to 1 AB = CD shown in the chart. Higher timeframe confluence: Daily is below 10 EMA although overall...
ICICI bank is going to give a good move above 1000 levels, 950 is strong support. We can see 1100 levels in coming days
BINANCE:BTCUSDT has been in a downtrend, however, bullish divergence is present on smaler timeframes indicating imminent bullish momentum if the last High is broken!
Ethereum is going down, but soon it will approach strong support. There is something missing on the chart, and in my opinion, it's this right shoulder of a head and shoulders pattern. It's pretty likely that Ethereum is going to go sideways for the next 30 days, but what you can do is buy low in the range and sell high in the range. After we complete the head and...
Bitcoin is crashing, that's clear, but will this downtrend continue? It is very likely that it will. Why? We can see that the price already touched the top of the parallel ascending channel on the weekly chart and got rejected from it. What's more, we complete the impulse wave, and we are already in the corrective ABC pattern, which should be a zig-zag style....
Dear Traders, We have a great opportunity on NZDCAD , please wait for price to come and bounce at our area of entry. Price already have breakthrough the bearish strong trendline meaning price have changed the character for the first time since months. Now price that has not yet re-confirmed that price can continue the bullish trend and we can have a swing trade...
So we have identified what should be a live and confirmed reversal on UJ. A simple Double Top and then the confirmed reversal with the break and close below the V neck of the original Double Top. The should now move into more of a Trend Continuation opportunity now that we have broken and closed beyond the previous structure. Lets see how it plays out.
Longer term direction: 4H chart is in a downtrend, with a visible Resistance level where we try to enter. Also, the daily chart has 10EMA below 20EMA. Potential Wyckoff Upthrust with a good Outside bar for entry at the 2H chart that can give an excellent risk-to-reward trade. Target1 is 1 to 1 move or the nearest low and Target 2 is the 161% Fibonacci...
EURJPY presents an interesting scenario with a potential combo trade, or is it? Let's break it down: 1. 4-Hourly Bearish ABCD Pattern: - Retest completion at 161.74. 2. Daily Bearish Bat Pattern: - Completion at 162.55. Two patterns, two different starting points. Is it a combo or a dual setup? Share your thoughts and let's navigate this intriguing trade...
Just a thought/idea re. chainlink near term. The higher timeframe 5 wave impulse is not complete, nor does it appear that wave 4 is complete. I think a move down to $11 is possible in the short term. That said, the A/D indicator (accumulation/distribution) is printing a divergence on time frames lower than 12h. Longer term, I think link is headed to $27.
NVDA has risen above the trading range but has started to print weaker Bearish candlestick patterns on the Daily as it approached the PCZ of a potential Bearish ABCD pattern. At this point in time it seems like NVDA will fall short of $600 then come back down to its last official support level which was at $272.42, if 272.42 doesn't hold then it could go into the...
Here is new analysis bitcoin will drop harder then ever in history you know why fail maths combined with usd drop 20k 1st target good luck folks
Hey dear members, hope you are well, and welcome to the new trade setup of Celestia (TIA). Recently we caught almost 76% pump of TIA as below: Now on a 4-hr time frame, has formed bullish AB=CD move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get...
Pendle is one of the stronger coins currently on the crypto market. We can see that we have had a pretty long consolidation where whales were accumulating coins. Of course they want to make money, so they sent the coin to the upside. We can see that the uptrend is starting to be parabolic, which is very good because you can make a lot of money in a short period of...