Price action and chart pattern trading setup > Bullish Dragon pattern in correction wave A, possible reversal for uptrend wave B > Entry @breakout channel dragon ridge > Target @ 0.618 retracement of previous top SMA200 zone > Stoploss at the low A position - RRR: 2:1 downside -7% Indicator: > MACD bullish divergence signal crossing up baseline 0.
C-to-Y price correction is over. We seem to be starting the X-wave
After much research, I came up with this scenario for Bitcoin There are two ways for Bitcoin One does not break the $ 14,000 that in this bitcoin scenario I can hope to gain after and even hit the ATH But if $ 14,000 is broken, the $ 8,000 target will be in place, and hitting the ATH will be postponed much longer. And subsequent growth will be complex
Hello Everyone, Today I have a Bitcoin analysis for you. Bitcoin has broken through the next higher resistance level and is on its way towards the 22,9k resistance level. According to our Elliot-wave count, the current trend should form a 5-part impulse wave which must break through the 22.9k to form a sustainable upward movement.
Hello Crypto traders, today we will talk about cryptocurrencies, specifically SNX Token in which we see pretty nice bullish development from Elliott wave perspective. Cryptos in general are actually trading at very deep, but important and interesting support zone, from where we can expect a bullish turn. What we actually see on SNXUSD is an impulsive five-wave...
Bitcoin is having a hard time to break 21k support levels while the bulls volume chant is slowly decreasing showing. Large red candel could send the market to oblivion. We could retest 18 17k but never forget the up side potentiel.
As expected, correction in progress. Will be tracking very closely as in our opinion energy stocks will provide an amazing opportunity in the future. Whether its coal, uranium, oil, or natural gas we all need to realize the amount of energy the electrical world will need. Pay attention...
Correction as expected, but long-term concerns us. With things going on in Ukraine and how things are getting crazy in the South China Sea, wouldn't be surprised to see LMT to play out as expected. Keep a close eye on this one and world events.
As shown, beautiful EW structure. Still has a little more correcting to do, but should provide an amazing opportunity soon. Will be tracking very closely and may take a position.
Beautiful EW structure and now that a five wave structure on the upside, we should have the direction of the trend. Will need to wait for correction to complete then maybe a interesting opportunity in the industrial sector.
BTC falls to $17605 USD, the lowest level since December 2020. Price action is following the Elliot Wave model fairly closely, which allows us to project the movement over the next couple days. Observations Violality in price movement remains high as the spreads between bid and asks become large in a sell-out bear market. More sell at market prices and buy...
This is my anticipation on Dollar Index for upcoming weeks. Currently, sub-wave C of wave 4 just kicked off. It contains 3 waves i.e. corrective wave ABC waves as we can see on the chart above. Let’s see how the market will play out as inflation keeps on decreasing. To enter, wait for channel break followed by a bear flag, then it’s safer to enter the market....
Detailed in prior ideas, now that we have completed our ABC correction to the upside we can expect a 5 wave move to the downside, to our accumulation zone below $30,000. This is in line with the extended bull run model shared before and will likely be followed by a continued uptrend after months.
Ethereum is in the position of a long term zigzag corrective wave completion around 900, if there is still a hope in crypto market, and if the price didn't drop below 500 and succeeded to break the upper boundary of the zigzag wave, then the price shall revive and raise in a new journey aiming toward a new all time high price around 5500
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.
As shown, majority of energy stocks are starting to correct. Looking into the future, we believe these companies will provide amazing opportunities. We expect barrels of oil to reach $300-400 a barrel by the end of the decade. Recommend tracking this sector very closely for amazing opportunities.