Since its IPO in 2015, the Kraft Heinz Company chart reveals a clear downward trend. From a high of $97.77 in 2017, the stock has fallen to $19.99. This could be considered Wave (1). While the exact bottom is uncertain, we anticipate a further decline below the $19.99 mark over the coming years. After hitting $19.99, the stock formed a three-wave structure...
Hello dear friends, I hope you are doing well. It took a long time to identify the structure of this prolonged sideways movement. I watched many videos and referred to my notes, and this has been very helpful. The current wave structure in which Bitcoin is moving sideways is a flat pattern. This structure typically occurs in Wave 4 of Elliott Waves. What is a...
BINANCE:FTMUSDT is looking quite bullish, with a very clean chart and well respected Fibonacci retracement levels. The support is sitting right at 61.8% of the last leg up. (Common reversal level) I think the chart is open to multiple interpretations, each with a different target: Descending Triangle : $1 Also a key psychological level and a previous...
XYOUSDT has achieved a magnificent breakout from its downtrend, showcasing a potential inverse head and shoulder formation. The price is currently forming the right shoulder of this pattern, with a broad accumulation zone that can accommodate most of the right shoulder formation. Targets are clearly delineated on the chart, ranging from immediate to final levels....
$133 to $140 on 30m chart 2023-12 to 2024-02 1-day Chart ( click to play ): NASDAQ:GOOGL potentially reaching $133-$140 within the next three weeks or as high as $141-$143 if there is any new news on advancements (or partnerships). The Elliott Wave Principle suggests a potential bullish continuation within a larger Wave 3. A breakout above $133.34 could...
I like NYSE:AR better than TSX:FIL and $STORJ. Simply put the pricing model to keep data on blockweaves for a lifetime is more cost efficient for training models long term. That's about as much as I care about the fundamentals. I provide two scenarios for NYSE:AR as there is still some ambiguity IMO Scenario 1: Assumes that wave v completes at the...
It appears that bitcoin has started wave E of a contracting triangle. Look for one more push down before the next climb.
NASDAQ:GOOGL potentially reaching $141-$143 within the next three weeks or as high as potentially reaching $141-$143 within the next three weeks if there is any new news on advancements (or partnerships). The Elliott Wave Principle suggests a potential bullish continuation within a larger Wave 3. A breakout above $133.34 could propel the stock towards...
2024 was a tough year for TSX:PYR given its strong position in 2023. After hitting the 3.618 retracement level PYR is showing signs of strength rebounding with a completed wave 1 moving onto wave 3. Most blockchain gaming started a bit too late in the cycle last run, but with a good amount of price action data, one is freer to speculate where TSX:PYR can...
Three examples of the .618 fib holding support since the low of 4963.50. Bulls certainly seem intent on getting SPX to 6000. I think that as long as buyers are entering at and holding support at technical levels, no reason to doubt we see 6000 by the end of the year.
- Gold price corrected further and currently I'm seeing Running Flat completed for Wave 2 - This doesn't mean that we're going to see lower prices immediately. Wave 2 might be even more complex. However at this point being out of the market not advised. - The odds favor (much) lower prices if running flat is indeed what we have for wave 2. - I advice be short from here.
After consolidating in a range and correcting for ~ a month, UPCOM:FTM looks ready to thrust into a wave 3 that has the potential to double its price after the completion of 5 waves. I remain bullish on this project given the new branding, but more importantly, the technical indicators have also shown a strong bullish divergence on the 8hr TF and the wave...
Any Elliot Wave enjoyers seeing the same thing? AMEX:COPX NASDAQ:COPJ #copper
Hello guyzzz! New week, new market update! We are still in the same 3-month bullish flag. Adding Elliott Waves and a red rectangle here, if we reach it, will be the best option to open long positions. Also, it seems like we're trying to retest the resistance line of the flag for the second time. If we don't reach the box, I think I will open a position around...
Looking for Impulse Down. EurUsd getting ready to move down. It completed leg 4 with a triangle pattern. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments. Learn & Earn! Wave Trader Pro
Hello dear traders, Noteoin is completing wave 1 and can follow this path
Stocks are in recovery mode, with major indexes trading at all-time highs. This movement began after the US unemployment rate showed a slight decrease in jobs two weeks ago, suggesting that inflation could potentially weaken. This trend was further supported by this week's CPI data, which indicated a drop from 3.5% to 3.4%. Speculators believe that the Federal...
FX:XAUUSD has been updating the low to 2314 since the opening of the session and is forming a correction within which it is testing the previously broken consolidation support. The fall may continue from the liquidity area. The fundamental and technical background for gold is negative at the moment. A possible area of interest for the market may be the area...