Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
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.
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.
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.
Above 3069.58 we are looking to the upside for wave (v) of ((3))
NASDAQ:MAR Entry: $238.47 Target: $244.50 Stop-loss according to your risk appetite. Not more than 1:1. Indicators also showing a bullish trend.
Bitcoin's long term chart retains a very bullish posture. Currently, I have the BTC chart having completed, or about to complete the first upward subdivision within a long-term cycle wave III, that could top the $1Million area per Bitcoin. Nonetheless, in the short term we are correctively retracing, and retain the ability to eck-out one more high, before...
I've put a lot of thought into this one. This chart is in log mode as the wide range of prices covered are smoothed and reveal the potential true picture. I give a primary bullish scenario but caveat with multiple different potential outcomes given certain price actions. Trade at your own risk. As you can see, PLTR put in a significant top near the 61.8%...
Matic may have been completed the 4h wave a Triangle pattern. We need the price to stay above 0.4926 and clear 0.9499 to turn the price up for the wave 5
Watching for evidences wave 2 finished 10.55. Clearing 15.83 we will focus to the upside for wave 3 looking for price to aim for the 1.618 projection multiple between waves 3 and 1.
Expending leading diagonal wave ((1)) is preferred status for this price action as it stays above 0.4874.
Ending diagonal wave ((c)) of 2 is preferred status for this price action. We are watching for evidences and clearing wave (4) 1.5915 will increase the chance to turn the price up. Price reached at a key support level, 0.618 fib retracement of wave 1. Also a possible oscillators indicators divergence at this level.
Above 13.927 we are looking the upside for wave ((3)) of 3 of (3).
Below 48.9254 we are looking to the downside to complete an ending diagonal wave (c) from a flat correction wave ((2)).
Below 1.05 we are looking to the downside to complete a zigzag correction wave (ii) of ((3))
The leading diagonal wave 1 is preferred status from 1.009 to 4.528. Below 4.528 we are looking to the downside to complete wave 2
Wave ((1)) a leading diagonal. Below 105.72 we are allowing wave ((2)) to unfold. Possible target 0.5 - 0.618 retracement area.
Two scenarios for Arbitrum. Black count where we have a finished impulse to the upside and we are going down to complete wave 2 if price clears 1.5427. Orange count where if price clears 2.0883 may be a tringle ((4)) and we are focusing to the upside to end wave ((5)). On this count we used log scale!