🧐Today, I decided to analyze the THORChain(RUNE) project for you. The THORChain(RUNE) has grown more than ➕100% in the last month, but the question is whether the tour will continue to grow or not . 📚What Is THORChain (RUNE)❗️❓ THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of...
Gold 1h technical analysis Elliott wave Fibonacci retracement Channel Zig zag correction
Gold long entry Elliott wave analysis Fibonacci retracement Channel
BTCUSDT Possible wave 5 in progress RSI crossed SMA and trendline , momentum is rising up . Invalid below 41300. Good LUck
FOREXCOM:XAUUSD is weakening on the background of growing TVC:DXY . At the moment, fundamental and technical indicators are diverging and the market is trying to collect maximum liquidity before further growth. On D1 we see the formation of a false breakdown of resistance 2075. The market is in global consolidation, but locally we have a downtrend forming....
Gold technical analysis Elliott wave Fibonacci retracement Channel Zig zag correction Correction wave running Impulse wave soon..
Market is now in the correction phase. We use both our strategy. We fib the first impulse and set our first buy entry. Then 2nd Strategy- we set our buy stop order because our corrective structure(expanding flat) is considered as an end.Entry and exits are on the chart.
We expect the pair to at least complete the wxy, it can go to make u fresh highs.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Price has started to become a little complex and confusing since the 20th of last week. When one boils it down though, we have been making higher lows in price and MACD. This bodes well for us to continue higher. Yes, price fell decently hard today after it hit $24.29 but it didn't make a new low and neither did MACD. In fact, MACD was raising during the entire...
We are probably working on a wave (3) in the higher time frame. Wave 1 of wave (3) could be ongoing or we might see a relatively short wave (3). This is unclear for now. In the lower time frame, we can still expect a wave ((v)) up.
In the higher time frame, it looks like we started a new upward cycle from the October low. This means the wave ((2)) low is in after an expanded flat. The alternative scenario assumes a wave (2) low of a lower degree. In the lower time frame, we are observing ending upward structures. However, another high as a wave 5 cannot be excluded.
lease validate this pattern. Bulls in control of wave 3
Examining Tesla's recent performance after the completion of the ABC corrective movement on January 23, reveals a fascinating market scenario. The stock seems to have embraced a 'leading diagonal' pattern, with the fifth and final wave still pending to complete the bullish structure. Adherence to typical parameters of this pattern, such as the extended First wave...
FOREXCOM:XAUUSD is starting to catch up with the bullish potential, which was forged at the end of 2023, when we received negative news for $. On D1 we see gold rising on the back of a weakening TVC:DXY . The price breaks through the important and historical resistance 2069 - 2070. A retest and consolidation of price above the level is forming. A price...
FOREXCOM:EURUSD is testing support in the upside plane. The support at 1.1017 plays a key role On D1 we see the formation of a retest of 1.1000 level after its break. The market may test this area not only by touching it, but also by false breakout before further growth. The TVC:DXY is likely to continue its weakening on the back of weak fundamental...
Im just thinking about possible differences in time due to both the economic situation now in the world, high inflation and interest, but also SPX is challenging ATH. I believe the previous 1year + with economic "trouble" has been 1 thing and 1 thing only: paying back for the amounts of cash printed during covid. Of course there would be some back paddling after...