ALTcoins are still dominating in the Crypto market. Looking at TOTAL3 crypto market cap chart, which excludes Bitcoin and Ethereum, we can clearly see a bullish pattern. After a complete complex W-X-Y correction in wave (4), we can now see an impulsive minor five-wave recovery, which can be first wave 1 of a higher degree wave (5), so after a pullback in wave 2,...
Waves 1&2 Completed...3rd Impulse Wave is retracing. A lot of higher highs shows Bull Activity. Pattern shows a strong Trend and a bullish Divergence, Limit 0.62
Looks like a massive pump will come withing the next 2 weeks here. The descending trendline price compression is slowly coming to an end. I EXPECT HIGHER PRICES IN THE LONG-TERM STILL BULLISH! Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love...
Hello,Traders! AUD-USD made a rebound From the horizontal support Of 0.6447 and went up Sharply so after the pair Retests the horizontal Resistance level of 0.6541 I believe we will see A local bearish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Here's an overlay of $MCD in yellow from 1980 to 2005 lined up to the 75% drop in $MCD on the "Dollar Menu" price wars, store closings and YOY% sales decline for $MCD back in 2002. It was a disaster. Well, $TSLA has the same 75% drop to the current low. Maybe they mimic, maybe they don't. Just interesting! Here's the $MCD chart and the part that I copied and...
Hello everyone, Gold currently confusing traders as it switches between correctional movements and speculative pullbacks. From a technical point of view the 2067 level is now very important for the next move, which I expect to be a short one. Only a daily candle close above can invalidate the short scenario which would have the targets 1980 , 1920 and 1895...
Hello,Traders! GBP-JPY broke the key Horizontal level of 188.930 While trading in an uptrend So we are bullish biased Mid-term, however, the pair Is now retesting the rising Resistance line from where I think we are likely to see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
This resembles an ICT Unicorn model (not sure if this is what you call it tho): Price obtained liquidity above, accompanied by a robust volume push-down to 38.5k, forming a breaker block coinciding with a Daily FVG. It's noteworthy that the current Breaker block level constitutes 50% of the present range, validating the corrective wave. Anticipating a price...
Moving sharply down from upper Bolly band. Expect correction to bottom of Bollinger bands. Further megacap ERs to disappoint. Meta, Apple Thursday, many others. Fed says no rate cuts, for some time. Bars pattern from last September FOMC disappointment. History never repeats exactly, but it often rhymes. 4930 was a top. Short every rally! This ain't no place...
Hello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: All the way back in February of 2014 we saw a breakout of a long term symmetrical triangle on Nvidia. This breakout was followed by an insane +9.500% rally towards the upside. Right now Nvidia is trading in a solid ascending channel and is approaching the upper...
Examining Microsoft 's NASDAQ:MSFT 2-hour chart , we see the end of Wave ((v)) at $415, coinciding with a challenging earning call. Currently, we expect short-term support at the Wave ((iv)) level, around $364, and aim to stay above the 61.8% mark of $349. 📉 As we're potentially starting a long-term Wave II, we anticipate finding initial support without a...
The Walt Disney Company NYSE:DIS , a subject of much discussion due to its corporate policies, is under our lens today. On the grand scale, specifically the 3-day timeframe, we observed the conclusion of Wave (4) with the onset of the pandemic, followed by the completion of the first cycle at $203. Currently, we seem to be finalizing a significant Wave II -...
Hello Traders, welcome to today's analysis of Pfizer. -------- Explanation of my video analysis: All the way back in 2012 Pfizer created a massively bullish triangle reversal pattern at the $17.00 level. This was followed by a +200% rally. Since 2022 Pfizer has been dropping significantly and is now retesting the support level which I mentioned in the...
If we take a look at previous 2 notable cycles we easily notice similarities. From these 2, 2022-2024 looks more similar to 2016-2017, as long as we had - Breakout of downtrend line. ✅ Reaccumulation zone. ✅ Testing major bear market impulse (Which in all cases became strong resistance). ✅ What we didn't experience is correction after these 3 moves. In...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 A not long time ago price traded between $1.0950 resistance level, which coincided with resistance area. After this, Euro little rise, after which it started to decline in falling channel, where soon price broke $1.0950 level. Then price declined to support...
Hi folks today I'm prepared for you Euro analytics. A not long time ago price reached the 1.0825 support level, which coincided with the support zone and soon broke it. After this movement, the Euro made a strong impulse up to the 1.1000 resistance level, which coincided with the resistance zone, but at once rebounded and made correction. Then the price continued...
Hi dear traders, As we said in our last analysis on BTC, There is a need to correction for Bitcoin and this price falling is natural. Everything is explained in the video, See my previous analysis on the BTC too, It helps you to understand current market situation. Be free to ask your questions in the comments, Best regards, Zargar.
Hello dear traders, Take care of your positions because of the current situation of the crypto market. According to my analysis on the BTC and many valid indicators and price action, Weakness in bulls power is clear. So I expect to see a correction before the next bullish wave. 47,000$ is a major resistance and is preventing price from going higher, IMO we will...