Hello friends In the share of PayPal Holding, we see the formation of a clear Elliott pattern. In this share, we see completed wave 1 and 2. There are two scenarios. The first scenario is the 5 Elliot wave mode and the second scenario is zigzag. In both scenarios, we expect the share to grow. If we consider zigzag, we are currently in wave 3 of C, and if we...
Bitcoin bull market This is my main market idea for this year, has been my blueprint since march. I was right about range-bound correction after reaching 73.8k, I personally think we could see a lower low from here but not really sure, the predicition (sending from here) also makes sense since alts corrected heavily and crypto could have seen their bottom for...
Hello friends In the USDCAD currency pair we see a complete Elliott pattern. Waves 1, 2, 3 and 4 have been completed. Of course, wave 1 can be considered as wave A, wave 2 as wave B, and wave 3 as wave C, but we expect price growth. Therefore, according to the evidence, wave 1 consists of 5 and we are waiting for wave 2 and the beginning of wave 3. The first...
VeChain peaked in three waves in 2021 during wave A, and wave B bottomed in June 2023, setting the stage for an anticipated wave C peak. Given the pattern of three upward waves and five downward waves, there is concern that the Wave C target may not be met. If the price exceeds the 2021 high, it is likely to achieve the Wave C target. Otherwise, it may peak during...
Upon examining the monthly gold chart, it appears there could be a significant price drop, a secondary scenario in our analysis. We don't foresee a 50% decrease in the near future, though it's not impossible, especially if the market downturn affects all sectors, including gold. It's crucial to consider all possibilities due to market unpredictability, even a drop...
The entire precious metals sector, including Silver, is currently of great interest, not just gold. For silver, we currently assume that we are probably nearing the end of Wave (iii), which can reach a maximum of 28.51 dollars. We are currently within our target zone for the Wave 5s, so it will likely be challenging to break through and invalidate the 461.8%...
Following a rapid rise to $30, silver has seen a swift decline, indicating a completion of the minor Wave (iii) of Wave ((iii)) just above the 461.8% level. We've exceeded this level, so we need to consider potential deviations from ideal models to navigate the market effectively. We anticipate the downturn to continue and expect to find support between the 38.2%...
On the Microsoft three-day chart NASDAQ:MSFT , we've observed that the initial cycle of Wave (5) & I peaked at $430, hitting the 61.8% extension level, and has since declined to $402. We believe that $430 will now act as a strong resistance level. We anticipate a significant correction for Microsoft, potentially dropping to between $220 and $100. This forecast...
The Coin I am currently very interested in is JASMY as we have a lot of confluences on this chart even if it seems a littly messy. Overall we can say it looks like as we are in a wave 5 after completing the wave 4 on the 18.03. We have respected the range here for a very long time and we had some wicks and fakeouts on the same levels. Moreover on a closer look we...
US market is ready for last retracement .... Get ready for roller coaster ride !!! :-) enjoy the fall
The elliot wave count here is very clear. Lets see how I develops. The low might be in or a few more taps near the low to make the bottom and then moon.
It seems as we are getting some interesting potential setups as BTC has some difficulties moving above the supply between 67.000$ and 68.000$. Therefore I think we have to "reload" for another push upwards. For this reload I am eyeing the FVG at 65.310$ and the demand below it to hold. Ideally this could be just a wick . down below our range that we have...
No other miner has these good vibes when BTC is rallying back to the highs from the recent dip. Watch out for the rally if BTC continues tmrw. High IV name , my preference would be commons , not options. Long between 16-17 Stop loss - 15 Target #1 - 20 Target #2 - 24 Target #3 - 28
HBAR has both long-term and short-term 1-2 setups currently active. We are in the midst of wave 3 of 3 of C, targeting prices between $0.44 and $0.62 for lower degree wave 3 ( extension could occur), aiming for a long-term goal of $2.24 for Wave C (A equals C). There is a consideration for scaling out at the price targets of the lower degree wave 3 and scaling in...
I'm looking at price action from ATH as having completed an impulse wave down to 17181.75, with an expanded flat corrective wave (area in orange ellipse), likely to complete today. Wave C (bulls, green) or wave 3 (bears, red) should be another impulse wave down below low of 17113.25.
Hello traders and welcome, Today, we are delving into the world of gold, and it's high time for a fresh analysis of this precious metal. On its weekly chart, gold has formed an ABC or 123 pattern. Let's dive deeper into the concept of the ABC pattern: Traders base their buy and sell decisions on the analysis of historical price data and the identification of...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Details: The shorter-term outlook suggests that the ((iii))-green wave has recently peaked, and the ((iv))-green wave has unfolded in the form of a Flat correction, with the ((iv))-wave likely completed. The ((v))-green wave is now unfolding to push prices higher. Breaking above the 26.5 level would be...
AGIX has finished its wave-3 of 3 upward movement and is now in a downward wave-4 of 3. You can begin scaling into the green triangle, placing the smallest order at the top and the largest at the bottom. Once wave-4 of 3 concludes, I will update with price targets for the upward wave-5 of 3.