Greetings global traders and investors! Bitcoin has recently hit a new all-time high, showing strong momentum. While you might be tempted to taking profits, robust trading tools like Fibonacci projections suggest unmet price targets and as such, consider holding for maximum gains. Anticipate potential resistance in the 124K - 153K range. Do your...
DOT almost broke the weekly resistance area when it got pumped last time but couldn't manage it sadly. If DOT can close above 10,7 in daily time frame, I'll take a long entry with 5X Cross (%5 of my general margin) and set the target point to 14,7. According to Elliot Waves theory, wave 3 should get me 14,78. Also; Daily Volume seems fine and broke the last...
Choppy price action leads to different possible counts. I'm currently biased towards a leading diagonal (black waves). In this scenario, we should see wave 3 targeting the yellow box between 1.855 and 2.181.
An ascending trend has emerged, confirmed by the upward movement above the bos level. At the bottom, there is a mirror level on the daily 1D timeframe, next to which there is a local 0.55 Fibonacci level, creating conditions for further upward price movement to liquidate liquidity beyond the previous high (ph) / Fibonacci 1.382. At the moment, I expect liquidity...
The final part of a triangle, one degree higher, is a triangle itself, and it seems that the E-wave of one degree higher E has also ended. If this is an active scenario on this currency pair, the targets 1.32 to 1.20 is Available ,and these are the minimum target for a long fall ! The penetration of the price above 1.36 means that theE-wave is not terminated,...
The mapping shall be considered as idea sharing and not a financial advice Trade at your own risk.
Hello👋 📊Analyzing gold price based on Elliott waves and price action... The main and important range of support is $2150 and as long as this number is maintained, it will continue to be an upward trend. The market can complete this upward path in 5 Elliott waves, which we are currently in the 3rd wave The targets of wave 3 are 2213 and 2283, respectively The main...
Hi traders, Last week Bitcoin did exactly what I said in my outlook. It finished the triangle and went right to the take profit area. After it broke the previous ATH it dropped immediately and now it's slowly going up again. So next I want to see it to make a bigger correction (another drop) to take out the late buyers. After that it could go up again. Let's...
Hi traders, Last week XAUUSD broke the high of the (blue) wave b and went up some more to break the large wick. Now it's too high to buy. So for next week this pair could still go up some more but I would look for a bigger move down to see what price wants to do. If the bigger correction was a triangle we could see a reversal soon. Let's see what price does...
Hi traders, Last week SPX500USD made a correction and went up again for wave 5 of the bigger wave 3. Price is slowing down but this pair is still bullish. So for next week this pair could still go up a little more but I think we could see a bigger correction down soon. Trade idea: trade short term buys after the finish of a small correction down on a lower...
Hi traders, Last week EU price action did exactly what I said in my outlook. It changed into bullish orderflow on Monday and after a small consolidation it went up to sweep the previous highs. Next week we could see a correction and more upside on Tuesday and Wednesday. Trade idea: Trade buys after a correction and a change in orderflow to bullish on a lower...
Healthy retracement could be longed. It is important to have an approximate idea of where one asset is in the elliott wave development. Solana is a strong project and perhaps one of the strongest crypto currencies, so if something should be consistent and stable at its rise, i think it would be this coin
But we did see x10 and much more in crypto projects already. Wave 3 projection target is 1.618 if we anchor Trend -based fib extension tool at the origin of wave 1 , second anchor at the terminus of wave 1 and the 3rd anchor at the terminus of 2. Conservative target , use linear scale. Optimistic target, switch to log.
If yes, then this will make people rich. However , this is just the bullish perspective. corrective channel had been broken. We are building series of 12 12 12.... The moment we see a first parabolic move, we will know that "whe should have longed before" feeling comes up. every 12 needs its own 34....
Normally waves 3 extend. In crypto , waves 5 can be absolute beasts. This is a current wave development of btc. From my current point of view. People tend to focus on exact spots where i place my labels of waves and fixate on numbers. Please , dont do that. Waves can extend, just as much as they can be shortened.
Hello friends . FileCoin is in its long-term upward trend, if we use Elliott waves to analyze the logarithmic chart of FileCoin, we can consider FileCoin to be in the 3rd ascending wave. In fact, we can enter bullish wave 5 after the correction and go to corrective wave 4, but if we haven't finished wave 3 yet, it will correct a little bit, and after the peak we...
Gala ,, is in its long-term uptrend, and now it owes us another bullish wave, I marked the targets on the chart. It means that it can be analyzed in this way, that it is now in its ascending wave 3, after the weakness of the trend, it will enter the corrective wave 4, and then it will enter another ascending wave. In fact, it can go up to 90, enter the corrective...
Here is the market outlook on Gold (XAUUSD) for next week. It is a clear projection of what is mostly likely to happen on gold in five days of the coming week. In monthly timeframe price has managed to strongly break above the resistance where price was rejected several times in the past. Mostly expect to see price retesting the broken level either this month or...