Below 40.43 we are looking to the downside to complete an expanded flat correction wave ((ii)). Possible target into 30 usd price zone.
Bitcoin Dominance showing weakness also oscillators diverging may signal a switch to altcoins season soon!
Kyber network looking good with a lot of accumulation, more than 1.6 years, above 0.618 fib retracement. You see here how good are Fibonacci levels acting like support and resistance. Above 0.4644 and clearing 0.8157 we are looking to the upside. We will post updates soon with an intraday count. Hit the like button if you like my analysis and follow me for future...
Watching for evidences wave (iv) ended 1.44. Price bounced nice into the median line of the channel. I will post intraday counts soon. Hit the like button if you like my analysis and follow me for future updates! Good luck!
Above 65094 and clearing 70028 we are looking to the upside for wave (iii) of ((v)). Update with targets soon! See also my related idea! Hit the like button if you like my analysis and follow me for future updates! Good luck!
Watching fore evidences for and end of wave (ii)). Key support levels 0.618 fib retracement and 1.618 fib extension wave (a) vs (c). We see also oscillators divergence that may signal a trend change to the upside.
Below 0.618 fib retracement we are looking to the downside to complete wave (c) of wave ((ii)). Wave (a) possible a leading diagonal. Possible target for wave ((ii)) fib cluster of 0.764 fib retracement and equality between wave (a) and (c).
After hitting 1.618 fib extension of wave ((i)) below 721.8 we are looking to the downside for wave ((iv)). Possible target 0.236 fib retracement of wave ((iii)) in the span of previous wave (iv). We are not excluding one more leg up above 721.8.
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Take care of The Federal Funds Rate News. Trade safe, Everyone! Cheers.
Below 73881.4 we are looking to the downside to unfold wave ((4)) of wave 3. Possible targets 0.382 fib retracements also key level previous wave (4) 59112 zone.
Above 1.715 we are looking to the upside for wave ((v)) with possible target above 5 USD price level.
Below 19.241 we are looking to the downside to complete wave (y) from a a complex correction wave ((ii)). Possible target 0.50-0.618 fib retracement of wave ((i)). Also we have 9.831 price level for equality between waves (w) and (y).
Above 0.10475 we are looking to the upside for wave ((5)). Equality between waves ((1)) and ((3)) could signal an extended wave ((5)). From the guidelines of alternations, wave ((2)) a running flat correction may signal wave ((4)) ended as a zigzag correction. Price bounced into the 0.382 fib retracement as usually a wave 4 do it. Log scale used!!
Hello traders! 📈✨ Today, we're diving into a comprehensive Elliott Wave Modern analysis on the DOGEUSD weekly chart (W1). With our two-window setup, we are comparing the current market behavior with a historical bullish trend from December 14, 2020, to May 3, 2021. Let's break it down: Right Window Analysis: Period: December 14, 2020 - May 3, 2021 ...
The equality between waves 1 and 3 (blue count) in conjunction with the ETF approval for Ethereum, we can expect an extended wave 5 with a target equal to waves 1+3, the yellow Fibonacci projection, respectively the 7560 area. The price breaks 3726.79 level and the near term resistance levels will be 4091.67 and the TOP 4867.81
INVALIDATION: BEYOND 150% (2353-2354). Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
Watching for evidences wave 2 ended 5.73 and now we start to build the wave 3. What we want to see before taking action is an impulse to the upside that clears 9.09 and 10.06 levels that will be the wave ((1)) of 3.