ETC / USD * Ethereum Classic * Weekly Elliott Wave Priciple Fibonacci Trend-Channel analysis
bitcoin is in a downtrend and the daily chart shows some interesting developments. we have 2 fair value gaps one at 64.5k - 63.1k which lines up with my wave 3 target which is the 1.618 level of wave 1 measured from top of wave 2. We have another fair value gap at 62.5 that extends down to 59.6k which is significant and will probably be filled. this would be my...
Good to buy above 2571 start of wave 5, has the FMCG sector of India looks bullish High possibility can go up
📈Today, I want to analyze the Solana(SOL) project for you. Is it possible to create a New All-Time High(ATH) or not ❗️❓ 🤝Please be with me. ❌Solana(SOL) was unsuccessful in the first Attack on the 🔴 Resistance zone($259.9-$196.40) 🔴 to create a new All-Time High(ATH) . 🌊In terms of Elliott wave theory, Solana(SOL) seems to have completed the main wave...
OANDA:EURCHF is actively declining towards 0.9677 and is not ready to go up yet. Based on the general fundamental background, the currency pair may continue to fall towards 0.96 or 0.95 After a false breakdown of the range support, there is no strong reaction and the price returns to the level (retest). Fundamentally, CHF is stronger than EUR. The reason for...
About the company - The Company is mainly engaged in manufacturing and trading of castor oil and its derivatives such as oleo chemicals. The group is the leading player in India for the castor oil and castor-oil based derivative products. Group has over 5 decades of experience in castor industry. Technical Parameters 1- the price gave a Breakout of...
XAUUSD now on wave 3 to wave 4 and make a pennant pattern. Gold often makes a pennant pattern from wave 3 to 4 to continuation on wave 5, now just waiting the pattern is completed and following the price rally to wave 5
Stocks are in recovery mode, with major indexes trading at all-time highs. This movement began after the US unemployment rate showed a slight decrease in jobs two weeks ago, suggesting that inflation could potentially weaken. This trend was further supported by this week's CPI data, which indicated a drop from 3.5% to 3.4%. Speculators believe that the Federal...
According to my waves count PlanB is wrong. The top of previous bull market was in November of 2021. The vertical blue line on the chart is start of the intermediary grade of bull market. This is proven by wave equality rule - the May 2021 decline was a 4th wave, and the June 2019 decline was a second wave of intermediate degree. This proof is also verified...
Made a throw in the 5th wave. Most likely a reversal. Virgin Galactic's Arguments: Virgin Galactic claims that Boeing performed substandard work and did not provide all the required data. The company also asserts that it has rights to use the transferred trade secrets according to the contract. If Virgin Galactic can convincingly prove that Boeing indeed...
BIST:LINK Elliott's Wave - Ending Diagonal Wave w/Converging Lines Price Action is currently printing a textbook Ending Diagonal Wave within a corrective 5th wave w/decreasing volume from $19 All while overextended into heavy support and nearing rising support with Bullish Divergences on RSI and OBV What will you do with this information...?
Following WBD for quiet a few years, and we could witness now a bottoming process, where either we have the lows already in, or we should be near to it. On the several year-prospect we had already a wave 1 (or A wave) to the upside, with a wave 2 several year pullback as either as a-b-c (with an overshooting b wave to the upside), or a WXY structure. Yellow...
According to my waves count the market top was in November 2021. Decline belowe 44k will confirm we are in C wave. The target of wave C might be at least 18500k. However, the structure of this formation may have a more complex form. This may turn out to be a Zigzag. The exit from such a zigzag may last until 2028
Hello traders, A number of harmonic patterns are surfacing today. Here is my analysis of a clear bullish Bat pattern spotted on the EURJPY Pair. The Bullish Bat pattern is a harmonic pattern used in technical analysis to predict potential reversal zones. The EURJPY pair has formed this pattern with the following parameters: X = 168.022 A = 170.293 B...
Beautiful Topping Pattern -> -> Perfect EWT 5 Count Down -> -> Topping Signal Inverted @ Bottom -> -> Volume Reclamation Of Heavy Support -> -> Bullish CPI + PPI Data -> -> = Perfect Bounce Zone
ROSE has a perfect looking daily re-accumulation going on here. I have a macro Wave 5 target all the way up at $0.53 and beyond. Ideal entries & targets are highlighted in yellow, however I already took an entry lower. We may not see those levels for entry again. This coin is currently trending on Twitter, and stayed strong during the big market dip. Once the...
New Zealand dollar (NZD) is declining against the US dollar (USD) since the end of last week when the US dollar surged following strong and unexpected jobs data, despite the US unemployment rate rising to 4%. Analyzing the updated wave structure, we observe that the price is trading outside of the upward channel, indicating that a correction is taking place. This...
Hello everyone, unfortunately the breakout out of the flag was not able to break the intermediate high again. The price broke down to the last point of control. I see a high confluence of support in this area. According to the most likely elliot wave count a wave 5 of wave 3 is about to start. Let's see what will happen.