there is a possibility that BTC is currently in a flat expanded ABC correction of the fourth wave. we seem to be currently in wave C of that correction that can have 5 subwaves... Until that Bearish divergence trendline on the RSI gets broken. this theory still stands... the bottom indicator is an experimental indicator relying on the net Volume 21-day average. it...
Dogecoin has completed its first impulse on the daily timeframe. We can now expect a corrective waveform before the next impulsive wave begins. I think it is wise enough to wait for a complete correction at end of wave (C) before joining the next bull wave. I highly recommend you to see the previous ideas on Dogecoin in links below. Please do leave a like if you...
It will take a few days/weeks to cool down again, we have a similar market pattern that we had in the previous top of the market (circles). Happy trading for you all!
Hope you guys don't mind me sharing an "unexperienced" trader idea. I'm trying to learn and I saw this pattern emerge across multiple crypto if this plays out. We don't have much support to begin with but apparently a correction was needed - exaggerated by huge liquidation counts, $DOGE leader of crazy and FUD around social media. I still believe that this is a...
It seem AUDCAD had a Bearish impulsive wave. Corrective wave is continuing for now. So it can be a good opportunity for a long setup with reasonable RISK TO REWARD.
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)
➡️Pattern recognized: Regular flat ➡️Hypothesis: Bullish ➡️Inter-market analysis: ➡️Conclusion: LDC fractal. Buy calls, tech is looking bullish for the next three months. ***This does not constitute financial advice.*** If you like what you see why not support us? 👇
Triple Zig-Zags are rare, and they can be easily identified with the helo of trend lines and fib levels.
ıt seems that it is going to make a big ABC move and the bull flag also gets narrow so if BTC will be cool, we can expect such a move from ANKR. you can try it with a stop loss good luck. You can like and comment below.
Hello, Traders! OMG is consolidating in an active trading range of $4.78 - $5.48 Entry into purchases can be sought between $4.96 and $5.18 Stop Loss is safer at $4.30 Price levels would be the following target levels: $ 6,25 $ 6,94 $ 7,90 Good luck and watch out for the market P.S. This is an educational analysis that shouldn't be considered as the...
the best chart to guide you
TSLA could possibly be going through a correction phase of an Elliott Cycle. After completing impulse wave 5 with candles overextending above the ascending parallel channel, TSLA price retraced 38.2% to complete correction wave A at Fibonacci level of 0.382 ($557.48). Correction wave B may be completed by retracing 61.8% back up from wave A and finally falling to...
Hello, Traders! Having entered an uptrend, ETH has gone into a correction. At the moment, trades are held in between $1,440 and $1,868, between the buyers' zone of interest at $1,302 to $1,440 and the sellers' zone of interest at $1,868 to $2020. The situation on the world markets looks shaky, which provokes more and more traders to work from sales. This...
Hello, Traders! The global financial markets have been in correction since 21 February. This is common in any market, including bull markets. Buyers were able to stop the sell-off in the buying liquidity buffer between $44200 and $47200. The initiative has gone back to the buyers. The news environment is also heating up, with reports of large BTC...
This is a follow-up on my previous publication as we are yet to find a headway (see link below for reference purposes)... Recall, I mentioned in my last publication that we are in a long term uptrend situation on this pair. However, it appears the price is going through a corrective phase that might incite the much-expected rally in the nearest future. In this...
H4 - Bullish trend pattern followed by a double wave correction. Bullish divergence. We have two key support zones that have formed based on the fibonacci retracement and expansion levels. The first key support zone is formed by the 38.2% fibonacci retracement zone of the bullish trend pattern and the 100% fibonacci expansion level of the first wave. The second...
With 200 pips in our favour since my last publication, it appears we are close to another trading opportunity should the pattern transpose into expectations. What appears to be a temporary Breakout of Y118.000 on the 15th Feb 2021 reveals that there is a strong presence to buying pressure around this area and could be a level to focus on in the nearest future for...