In Elliott Wave, the C wave usually has 5 waves which follow the impulse schematic, which is:
Wave 1 = 5 waves
Wave 2 = 3 waves
Wave 3 = 5 waves
Wave 4 = 5 waves
Wave 5 = 5 waves
We can see that we're on the 5th wave now. The 5th wave is also subdivided into 5 subwaves and we are currently seeing subwave 4. Expecting one final move down (subwave 5) to complete...
ETH is moving in the liquidity zone within the ascending channel.
The price reached the resistance level as the upper boundary of the liquidity zone, after which the price went down sharply.
During the whole time of price movement in the liquidity zone, trading volumes were decreasing.
Price and RSI show bearish divergence on the 4H Timeframe.
I expect that this...
✅ZIL reached the level, made a false breakdown and rolled back down. I expect the fall to continue.✅
🚀 SELL scenario: short to 0.0418.🚀
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Remember, there is no place for luck in trading - only strategy!
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✅FARM has dropped to the support level, where it has already stopped and is ready for growth. I expect growth.✅
🚀 BUY scenario: long to 50.71.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅LTC has reached the resistance level. I expect a bounce down.✅
🚀 SELL scenario: short to 55.3.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
We are looking at Ethereum (ETHUSD) on the weekly timeframe and this pair is oversold.
The RSI hit its lowest level in a long while.
While we looked at many different signals recently that support a relief rally, we will keep it simple for this one.
As ETHUSD tested MA200 as support, it needs to bounce back now and test EMA10 in the least at $1864 or higher...
▪️Ethereum price is turning around, resistance does not allow it to go above $1250, let's go for a correction.
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I am remiss that this summer I have been enjoying life more than sitting in front of the screen diligently analyzing price action. While catching myself up on the long term trend changes from the recent moves I came across the BITFINEX:ETHBTC cryptocurrency cross pair. This pair has been my favorite to watch and trade for years.
On the Weekly, price has...
Constant Stop Loss hunts. It's a pretty shitty market right now. But I believe BTC and ETH are printing similar fractals from a crash weeks ago, and we can achieve another 30%+ dump soon.
Ethereum's value has been moved by a number of factors; the main of which has driven high expectations as a decoy from Ethereum's current price action. Unfortunately, the decoy "Proof of Stake" or "Merge" or "Docking", is merely a decoy.
U.S Infrastructure bill. Passed in November 2021; it contained a number of budgetary measures with the aim of taxing...
Similarly to BTCUSD analysis , ETHUSD is weak and probably having a bull trap before another washout...
Fro ETHUSD, 1400 is a resistancem and 1030 is the breaking down level IMHO
Ethereum prices had centered in a wedge that was broken to the downside.
Interesting $900 support but I think it will be broken in the future but still I expect some buying/accumulation in the green zone shown higher on the chart.
The long term investment is made of several purchases at different prices accumulating as much as possible, I am convinced that we...
#BTC update
▪️A double top reversal pattern on BTC contributes to a trend reversal. I wrote about this earlier, I expect a decrease below 20000
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✅DOT is moving in the area of the resistance level, again preparing for a rebound. I expect a fall.✅
🚀 SELL scenario: short to 7.47.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
