The wave breakdown of the current bullish move has been drawn in the chart. As we all know this wave breakdown is of the 5th Wave of Diagonal which I can see to be most likely an Ending one instead of Leading. In any case, once the upward trend has finished its course in upcoming weeks, we can very well see a medium to big bear market taking over starting from ...
Updated Count with most recent Price Points Massive Bearish Divergence since Oct '23 which has yet to play out, pushing against the top of the bearish year long rising broadening wedge pattern, wicked over the 61.8% of ATH on the weekly.
This is my first attempt at using Elliot Wave Theory to make a price prediction. This one on MATIC. This is the daily chart. Let's see how it plays out. MATIC just made a big jump to the upside. Please feel free to offer advice or commentary as I'm just starting to publish ideas. I often get things right, but struggle to trust my own analysis. I am holding...
As mentioned in my previous 2 published ideas on SPX recommending shorts, SPX has now hit the ultimate target.
2024-02-12 Helium Elliott Wave History Helium has had a nice run recently appreciating its price about six-fold into the 8 USD range. It appears that only the third wave has completed. A similar run may be expected with a continuation of the bitcoin driving force in the background.
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.
FX:EURUSD may try to break resistance and there are several prerequisites for this from a technical analysis point of view. The dollar index is trading quietly today as the US celebrates the President's Day. Volatility may be low, but there are preconditions on the chart that prepare the index to decline and the euro to rise. Index: price continues to tighten...
SKILLING:US100 is testing the top of the rising wedges again and we need to look at the next two days for direction
Gold technical analysis Elliott Wave Fibonacci retracement Fibonacci extensions Correction wave Impulse wave All time high
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
By applying basic Elliott Waves and considering resistance levels, along with the historical trend that Bitcoin's price tends to perform well about a year after halving events, there's a possibility of seeing BTC reaching approximately $100,000 in the spring or autumn of 2025. What's your thoughts about it, guys?
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
Outlook for DJI on 12h chart. I will update my ideas from last time. I think we are on sub-wave 5 of wave (5). This sub-wave is the last motive wave. If this scenario is correct, upper-degree wave (b) of c will be completed soon. The next phase is upper-degree wave (c). It will probably crash. Last time my idea. ■Feb 10, 2024. middle-term analysis. ■Jan 27,...
Ethereum digital currency analysis in long term time frame Analysis based on Elliott waves Due to the completion of wave 4 of the correction, the market has entered an upward trend, which can be called wave 5. Original sponsorship $2000 The target is 20 thousand dollars
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
Hello Traders, SMCI fell to 692.- and reversed strongly. Today`s pre-market price is @ $839.20, caused by the excellent earnings @NVIDIA! But where does the stock go from here? A wave usually appears in sub-waves on all time units. This means that 5s or 3s are also visible here. So far this is not visible for SMCI. I suspect that the jump in the pre-market is...
Technical analysis: Bitcoin is pumping, but be very careful because the price is currently at the strongest resistance ever. TOP of the parallel channel and 1.618 FIB Extension are definitely extremely strong levels. You do not want to go against it; rather, you want more confirmation. I recommend buying Bitcoin at the middle line of the ascending parallel...