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...
I have identified all the wave counts visible on the weekly chart, and while they make sense to me, I acknowledge the possibility of errors, given my relatively new exposure to Elliott Wave analysis. It's evident that we are currently within wave B in the overarching wave count. Anticipating an elongated wave B due to various sub waves, my expectation is for wave...
FLAT PATTERN CORRECTION: 1- Wave A minimum retrace 61.8% to previous swing 2- Wave B Minimum retrace 61.8 % to Wave A 3- Wave C can go Beyond wave A 4- Wave formation will be divided in 3,3,5 structured sub wave
The cryptocurrency market has experienced significant volatility, and Ethereum (ETH) is no exception. Following a complex correction, Ethereum's current price movement suggests that the bottom may not yet be in sight. In this update, I will dig into the ongoing correction, explore Ethereum's short-term outlook, discuss the potential for a rally, and consider its...
Here I have USD/CHF on the 4 Hr Chart! Price has been making quite a effort working back up since its last encounter as a Double Bottom with the Low @ .83321. After stabilizing, I have come to believe we are looking at an Elliot Correction Wave! My idea requires price to break Confirmation @ .85764, then Price Action will initiate my Trade Action Plan. If...
This is the last phase of this bull run MSI has been red for last 2 days Market is climbing. This is typical behavior before a correction, stay patient until prices start to go below the trap zone to enter shorts
With auto stocks preparing for a bullish rally after a good correction, TVS MOTOR seems to be on a very sweet spot. The stock is ready to give a good bullish run with the RSI touching the level 40. The small rectangle marked with blue color is a good buy zone.
The approval of the Bitcoin ETF has been already priced in So, if you add the ETF approval with the bearish divergence with the ROC and a throwback is very likely This could be a good opportunity for those who didn't buy this rally as the trend is still up The key support zone is $40,000, I would not buy below this price.
Bitcoin remains at the highs at the beginning of 2024, so we assume that more upside can be seen as recovery is acting like an impulse. As such, be aware of further gains within a five-wave cycle, where we are tracking higher degree wave III up to around 48k - 50k area. Looking at the 4-hour chart, we can see some sell-off after Matrixport’s latest report claims...
After reaching the 4H resistance zone, Bitcoin experienced a sharp drop. In my opinion, this was a movement to correct the trend, and according to the previous analysis, we can hope for the continuation of the upward trend. Continuing the movement of the new resistance area of 45100 and 46450 are still Bitcoin's targets for the future.
Bitcoin ETF is either gonna bring Positive news to the space or it is gonna bring negative news. So, if Negative, from the current price we might see a drop as detailed on the Chart, else if the news are positive, as already detailed on the chart, a move from 39k is needed for a Bullish run continuation.
On week chart DYDX has grown through 1 year and reached to 4,363 on Nov 2023 Now, DYDX is pulling back to lower to accumulate awhile before going up My view for this bullish around 6,3 that's #SupplyZone DYDX has #Support around 2,17 this zone is #Apex between two trend lines Time will tell
Since September 10, Bitcoin's uptrend has been impressively consistent, marking three months of continuous growth. This prolonged price action significantly raises the probability of an impending correctional move down. BTCUSDT has been trading near the supply area for the past couple of weeks, inducing a sense of caution in the crypto market. While the long-term...