Wave 5 formation is underway in BITGET:TAOUSDT , with the Fibonacci retracement analysis suggesting an ambitious price target near the 830 mark. The trading volume's coherence with this trend indicates a higher probability for the operational success of this pattern. Risk management is advised with a stop-loss order strategically positioned below the 579.24 threshold.
Expecting continuation of the upside for a test of recent high. If price hits partial profit, I'll move my stop loss to the entry point. Trade supported by lack of bearish divergence in lower timeframes.
The correlation with bitcoin before the halving is significant in my opinion and so while this descending triangle seems convincing the elliott wave count would say otherwise if correct!!!
Bitcoin has been on a massive bull run for a few months. However I believe we are towards the end of our Minor Wave 1. What I expect to see is a Bullish Ending Diagonal before any major correction downwards. In this situation, an Ending Diagonal with a Divergence in the Awesome Oscillator would indicate that buying power is starting to diminish and possibly...
2024-04-02 BTCUSD Corrections occur after the market has finished waves one, three, and five of an uptrend. There are no other reasons for corrections, save for black-swan events which happen outside the rhythm of the market and usually cause crashes. On March 4, 2024 the bitcoin market completed a sequence of five waves from the end of the January correction at...
This is an Elliott wave analysis of the March 14, 2024, market top and new all-time high of Bitcoin. On January 23, Bitcoin ended a two-week correction after briefly breaking the 0.618 Fibonacci retracement level from the 2022 bear market, and marking the price of 38524 dollars as the end point, using the Bitcoin INDEX data. From that point Bitcoin proceeded...
After watching EURUSD for quite some time, calibrating my wave count of its chart structure, I am quite confident that it is gearing up to dominate the USD over the next several years. I fully expect to see 1.15 by Spring and 1.17 by Summer 2024. Between Summer and Fall, I expect the 1.17 level to send EURUSD back towards 1.11. Firstly, I hope you win big from...
Now, I know $500k sounds like pure hopium, but read this. Bitcoin has got a history of defying the odds, with gains of +1500%, +10,000% to even +60,000% in the not so distant past! See these green lines and orange zones? Those could be our pitstops on the way to half a million, according to this simple Fibonacci analysis . Here's the important part: This is...
Google is currently experiencing a significant drop, just as expected, with a decline of more than 3%. We should soon be at a point to conclude Wave A of this correction, then move upwards into Wave B, and finally downwards into Wave C. The exact development remains uncertain. Google moves very similarly to Apple, yet they are not in an identical cycle. We don't...
At Volkswagen, we're now placing a limit order for Wave (ii), as we've once again failed to master and reclaim the trend channel. Consequently, we've fallen below it again. However, we believe we're dealing with Wave (ii) and anticipate a significant push upwards after a bit more selling pressure. This situation has a somewhat sour aspect, as it's possible we're...
Day chart The final wave of Triangle Wave is nearly done If the thrust is happened, that'll the risky entry But the safety entry above the wave d or b Time will tell
Pump for Bitcoin Spot ETF and Havling in Fall 2023. Top around March/April 2024. Failed Halving Pump. Bad economic climate in 2024. Liquidity Event. Recession in Fall 2024. Crash to sub 10K. Bottom sometime in Fall 2025.
Cosmos (ATOMUSD): BINANCE:ATOMUSD For Atom, we've had to adjust our limit order and counting as we observed an additional rise that did not fit into our initial analysis. This necessitates shifting our positioning of Wave (3) upwards. We are still within the ideal range of the 361.8% extension. Following this, we witnessed Wave (4) and an impulsive Wave (5)...
Bullish count has wave 4 complete, looking for impulse to start wave 5. Bearish count needs price to break below 5157.25 to complete leading diagonal. Bearish count invalid above 5285.00.
Bedasarkan TF 30 Menit pergerakan XAUUSD perkiraan dalam gelobang wave (iv) dan akan melanjutkan pergerakan bullish nya atau naik dengan target area terdekat 2378.
Hello friends If you have followed the previous analysis, you will understand the current trend. After expecting an increase in the price of Bitcoin in the majority of wave 4, which was a triangle, we are now expecting the formation of wave 5, because wave 4 is most likely completed. Right now we are seeing a full 5th micro wave, but we don't know if it will be...
I don't think you will see this price for the next 5 years, you are seeing the last wave
The Kiwi with ticker NZDUSD woke up last year with a strong reversal on daily chart after a completed larger, higher degree (A)-(B)-(C) correction in B/II, which can be signal for completed deep correction, especially after higher highs and higher swing lows formation up from November 2023 lows. In fact, there was also some nice accelerating price action through...