Simple and easy this daily candle until now is showing us 57K or 42K as targets.
As it mentioned on the chart too we are looking for the start of correction over here and then targets like:
A. 47000$
B. 45000$
C. 42000$
Notice: why we mentioned 57K at the beginning of this analysis?
because if and only if price mange to break the resistance of 53000$ and...
Looks like we finished the wave 5. (last post)
I wonder if we do start the bigger correction now or do move back up from here and make new highs.
HTF Potential Target : 30K (0.382 fib)
Hi, today I want to analyze Bitcoin 😊 from the first microwave that it made for itself. I tried to check out & analyze just Correction waves on this post( because I think that Bitcoin still is on Corrective structure). I am suggesting to you, please spend some minutes reading this post, maybe you will find useful information, also you can follow your road map with...
Hi Guys, seems like we completed the correction on higher time frame and now the down trend is here. Wait for lower time frame flag to confirm the sell.
Thank you for your support.
Hello Hello Hello,
It seems it's time for ending up the correction wave! but not be surprised by how fast it happened as we have two forms of corrective waves: 1- price correction and 2- time correction.
I suggested that the latest impulse wave might be in the form of a channel or a wedge, however, both of them have become true, all depend on your view.
Now it's...
Ok at the beginning we should consider this, that the end of wave 5 is not yet clear or it is not completed yet so we are looking for 50K resistance(and also 0.6% of Fibonacci retracement level) as the end now .
after we reach that red zone or maybe a little more pump then the price can start correction as mentioned on the chart too.
DISCLAIMER: ((trade based...
This flashcrash will pivot soon IMO. Statistic: Most ATH occur in September. Did in 2020. Friday Triple Witching culmination?
NQ has been bearish but acts more like consolidation at support, making higher lows. NQ is >25% of SPX market cap.
We have seen time and again how the bulls grab every dip and this one likely to be perceived as just another...
EGLD is a crypto that, like other ones is developing a 5 wave triangle after which will fall to end the corrective wave of the chart. If cryptocurrency has on its mind to settle better in world's economy, then all these correction give us the second chance to enter the crypto market on a lower price
Thanks to Elliott Wave, I managed to set possible goals for the...
Price is forming a bullish harmonic shark pattern with the harmonic reversal zone perfectly corresponding with a bullish orderblock . If we can see some retracement into that zone we should have a sniper entry for the buy with first TP being 45 pips or higher and 2nd TP being 85 pips or higher ( higher pips if u catch a entry lower in the level)
After BTC Dropps in 12 - 20 May , The Elliott Waves Formed , and now we are in 4th wave and going to 5th and Last wave of Elliott Impulse Waves for finish this Waves.
"" Remember that there is no permanent analysis and the crypto market always surprise everyone. So expect any change in trends and do not be prejudiced against your own expectations ""
With all due...
