Price reacted to earnings right into the mid-term support zone: 83-71.
If suggested macro-structure holds true, this area may provide support/accumulation zone for building a bottom base for a larger move towards major resistance target (140-177-200+) later this year.
If price moves bellow 63 suggested price structure needs to be revised.
Thank you for...
Bitcoin has developed a very clear upward trajectory that we have tracked all the way from $15,000. We are now in the target box for completion. The one caveat I have with my analysis is it is possible I was too conservative. The MACD indicator should be on negative divergence for completion and it is now showing we're on the verge of breaking...
Taking a glance at Cardano BINANCE:ADAUSDT within the daily timeframe, we observe that Wave 1 and Wave 2 (in red) have already been completed since the beginning of 2023, and it appears that teh red Wave 3 is now also finished. Yes, I acknowledge that Wave 2 has minimally fallen below Level C – thank you for pointing that out.
Our entry point at Wave 4 at...
The power index is all set to move towards the INR 7000 mark in the new wave v of (iii) of III.
The index has been in a strong uptrend since Feb 2023 and the trend only got stronger in OCT 2023.
The new wave is expected to touch 6968 levels soon.
6164 remains a crucial support for the index going forward.
Hello everyone,
Gold currently confusing traders as it switches between correctional movements and speculative pullbacks. From a technical point of view the 2067 level is now very important for the next move, which I expect to be a short one. Only a daily candle close above can invalidate the short scenario which would have the targets 1980 , 1920 and 1895...
Cardano emerges with a distinctive journey. Having sculpted Waves 1 and 2 within a Flat structure, the focus now shifts to the probable completion of Wave 3, reaching a potential range between 227% and 261%.
Anticipating the onset of Wave 4, we pinpoint a pivotal zone between 50% and 61.8%. A breach beneath this range would jeopardize the entire scenario,...
The macro structure is bullish from Dec'22 low with important price zones at: 198-217, 227-260 and 282-322 as inter-mediate and ultimate resistance areas for suggested impulsive structure.
The gap-up set-up on earnings today is in the cards for price to move towards 198-217 area. But if price decides to consolidate more138-128 area should be an important...
Hello Traders !! Here is my Gold Analysis & Trading Plan
Gold has 2 possibilities , only BUY Setup from now, then drop from after that #tradewithcare
Trade With Care,
Wave IC
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Please follow me and like if you agree or this idea helps you out in your trading plan
Disclaimer: This is just an idea. Please do your own analysis before opening a...
According To Elliot Wave Theory Wave iii typically is an extended wave. This means on a smaller scale (Since Waves exists within waves) starting at the ii we just completed 1 wave and will build the extension for another wave to run to the top of the iii.
Here I have AUD/USD on the 1Hr Chart!
The current Low @ .64686 I believe is the start of a Elliot Correction Wave after seeing the 5th Wave of the Impulse wave previously!
Price finally gave us a Break of the Falling Trendline and has worked its way up to our CONFIRMATION @ .65402!
If price decides to take a trip down to our INVALIDATION @ .64803, this will...
I fundamentally bullish on this company and think it might be a potential true-market leader in next market up-trend (if we see one in coming years).
Structurally speaking, I may see full first impulsive structure completed with today's burst into the top border resistance zone for the final wave (c.v of 1).
If this structure will prove to be correct,...
From the previous price and chart of pattern. About my understanding I think wave quite be like this and nowadays price pattern look like falling wedge.
So, maybe have a probability to rising first and cannot do higher high then sideway down
likes the path on the picture.
Hi.
COINEX:BTCUSDT
😊 Today, I want to analyze Bitcoin for you in a 4h time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
➡️ As you can see, Bitcoin has completed its 5 ascending waves and now it is time for it to...
Hi
COINEX:BTCUSDT
✅Today, I want to analyze Bitcoin for you in a daily time frame so that we can have a Mid-term view of Bitcoin regarding the technical analysis. (Please ✌️r espectfully ✌️share if you have a different opinion from me or other analysts).
➡️ Chart is speaking itself.
According to the theory of Elliott waves, Bitcoin seems to have...
TSLA has been hammered while rest of the MAG7 doing wonders.
IMO, soon or later Elon matters gonna settle.
and Tesla gonna showcase their AI potential to the world.
Technicals says 300 on the cards.
I’ve a starter position in commons and gonna add more as it moves up or pullbacks.
Gonna supplement with TSLL, TSLY and day-trade with weekly calls.
Long - Low...
