BTC Seasonality says bullish in February. Added Mara small from 15s .. 16s. and increased my position on today's move. MARA might have bigger targets but my trade is a small swing trade for Feb month alone. Stop Loss - 15 Target #1 - 25 Target #2 - 30
I added some fibs onto the chart now that we have some more price action to the downside. Notice how we came $0.06 cents from the 1.618 extension and then retraced? This is a sign that the first mini-A wave is most likely complete, and we should raise higher towards the box for the mini-B wave. We don't have to raise all the way into the box but that would be...
We are now at a critical point in our analysis. We are almost at the extremes of the parameters where Bitcoin can fall. Major Waves - Circled waves Subwaves - Bracketed waves In our analysis, we are still within the major wave 3 (which is made up of 5 subwaves). We are on the 4th subwave correction, which is an 3-3-5 ABC flat correction. We're anticipating...
Looking to long USDJPY. Currently in a short position from the high as I mentioned last week in Yen alignment across the Yen pairs where I had my eye on CADJPY and USDJPY also looked appealing to take a short play. Currently now looking for longs as the trend is still clearly bullish on this pair along with other JPY pairs. However this leg we have just completed...
Doesn't smell like a bull just yet. Rarely clean in moves... but this is what i am leaning to right now. Which is a drop to a 56 cents area at least. to form a larger 3 wave move .
I'm looking for a wave 4 pullback over the summer to around $55,000. Then it should continue higher to complete wave 5, targeting $85,000 or the even higher $100,000 price level.
Wave Y in a sideways combo can develop both a triangle and a flat. Nothing says that it cant be a double zig zag (red count) Current outlook W- Zig zag X -Flat #Elliottwave count
Scenario 1: Gap Up Opening at 46900: A gap up opening at 46900 suggests potential sideways movement with support around 46846. A breach below 46800 and sustained trading beneath it may indicate a short opportunity, targeting 46485 – 46400 with a stop loss at 46850. Conversely, sustained trading above 46900, particularly beyond 46980, could lead to an upward...
Following a trend in the market, we anticipate a subdued or sideways movement as we approach expiry. Scenario 1: Gap Up Opening Above 22200: If prices open with a gap up above 22200, resistance may emerge around 22231. We expect trading to oscillate between 22200 and 22231. Sustained trading above 22231 could propel prices towards 22300-22350. Conversely,...
Now the price seems to draw convergent triangle in the correction wave 4 of the wave 3. Wave in wave in wave. Happy announce to you that we have 1 more year of bullish market. Just stay in your favourite altcoins until BTC dominance is not <35%.
NVDA with a to the penny bounce on a trend line. This converging line is apart of a price pattern that usually means “go long”. If we are right we are rich. If we are wrong, we’ll know quickly. No better place to buy.
FX:XAUUSD is trading inside the range. The markmet-maker is liquidating sellers relative to the 2180-2200 area, after which it forms a false breakdown of 2195 and returns to the range again. On D1 everything is the same. The market continues to form a sideways range. There are no reasons for the price to leave 2195-2144. After testing the upper part of the...
Here I have USD/CHF on the Daily Chart! I am waiting for price to Retrace to the .87577 - .87379 area for a potential Buy Entry!! If price finds support here, I will be looking to place a SL @ .86786 with a TP @ the .91913 - .93426 range!
Expected the second part of the Double three to develop. Could be a Running Flat, Regular Flat or Expanded. The other scenario is that a 3rd wave already begun.
Uber (UBER): NYSE:UBER We've recently added Uber to our portfolio, noting its astonishing 400% rise from the COVID-19 low of $13.71. This surge is significant, and we anticipate that in the current wave 3 we're experiencing, the price could reach between $101 and $201. The precise target seems to lean towards the $101 mark, aligning with the 161.8% extension...
Lido DAO : BINANCE:LDOUSD We've recently added Lido DAO (LDO) to our portfolio. On the daily timeframe, we are in an uptrend within a major Wave (3). The subordinate Wave 3 has already commenced, aiming for at least $5.45, potentially up to $10.43, which we must mark as the maximum. The current all-time high is at $5.20, with the all-time low at $0.40. A...
Cocoa reached maximum fib extension 4.236 on weekly time frame at around 10000 level. The correction of at least 30% underway. I suggest ABC now.
Bitcoin has yet to significantly surpass its all-time high, as we are still hovering just below the $69,000 mark. It might now be time that we could see a Wave (4), which should lie between the 38.2% and the 50% Fibonacci retracement levels. We believe that around 38.2%, specifically at $50,277, we might see a substantial amount of buying volume. Depending on...