Get started

EWT

Bitcoin: 56K Before low 80K range.Feast yer eye's lads. Literally, 10 minutes ago Tether sent out 2 1 billion USDT minted transactions to binance. People will think they're buying when they're just replenishing supply requests. Wave count shows a decent first and third wave extension that NEARLY touched the 1.618 I was looking for. We passed a MAJOR VPR Resistance that was formed back in March when Bitcoin went sideways for awhile. That price point is $56,200, which PERFECTLY lines up with the anchored VWAP. PLEASE NOTE: THIS DOES APPEAR TO BE A WXY CORRECTIONAL, SUCH CORRECTIONALS CAN SOMETIMES BE A LITTLE UNPREDICTABLE ON THE WAY TO ANTICIPATED PRICE TARGETS. Would not high levy yolo this.
Short
by ericisom887
If I’m wrong about Bitcoin's likely downsideMy apologies for the cluttered chart, but many of the levels are critical in coming weeks. Referencing my recent Bitcoin analysis with valid wave counts potentially taking price down to the $27k-$30k area, I want to provide a possible bullish scenario as well. Should Bitcoin's overall uptrend continue, negating my wave count and breaking through the $68,000-$70,000 (a full 4hr close in or above this area outta do it), then a clear fib price and time projection can take us to $128,000 (+/- $2500) by around December 15th, 2021. Don't put much stock into the time projection, but any meaning reversal from either direction will likely occur around this date. There are numerous confluent fib levels between $125k and $130k, including Bitcoin's beloved 1.618 extension typically reliable for projecting wave 3 tops. This is done by taking the distance between Mar 2020 lows and the April 2021 ATH, then adding this number to the confirmed end of the corrective cycle around $29k-$30k. If my original bearish scenario plays out, the next cycle’s price target will be roughly the same; obviously depending upon how low we actually go. This statement is assuming wave C is ~1:1 ratio of wave A. If my hypothesized wave C extends lower than this, then the ultimate 1.618 extension target comes down 1:1. Bitcoin is at a very critical juncture, with an upside window of around 10% before negating almost all near term bearish wave counts. (NOTE: Bitcoin could actually go much higher than the ATH as part of the c of B correction, but it’s proportionately improbable as price rises (without invalidating the count). Just for fun, if you take the trend based fib time tool and measure the lapsed time of my entire wave a of B, then extend this time from the end of my wave b of B, you get October 20th for the .382 time extension. This would be the first possible/likely time frame of establishing a reversal to conclude wave B. As mentioned above, don’t put too much stock into my fib time statements. The problem is, it always looks/works incredible in hindsight. It’s a quite helpful tool when establishing wave counts of established patterns; but that can be said for all fib tools. This is not financial advice. I am NOT a financial advisor. I’ve been wave counting for roughly 17 years now and just absolutely love everything about EWT, Fibonnaci Analysis, and just charting in general. Me taking the extra time to write these ideas is done solely for fun, both teaching others and having others teach me. I'm not recommending you transact actual assets based on anything I post, ever. Justin
by DataMaestro
4
EWTUSD Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
KRAKEN:EWTUSDLong
by hadimozayan
Presenting alpha... EWTBItcoin recently see a break of trend to move towards the upside? It needs to break 63K with conviction before the we're out of the woods otherwise price will continue to random walk but we're long term bullish on crypto. EWT is a project that have links with major institutions in the energy space and their Github repository suggests that a potential integration with Coinbase is up coming. BULL CASE If price breaks out of the channel and holds it as support, we will ride it all the way to $40. BEAR CASE If BTC dumps, we will see holds dump even harder along with it, if this happens, we will accumulate heavily as price move towards the bottom of the channel
KRAKEN:EWTUSDLong
by IkanBilisCapital
Energy Web - insane fundementalsHave been in EWT since early last year, currently focusing in on Carbonswap DEX liquidity pools based on energy web chain with zero fees. Energy web price action is somewhat abnormal lol. Soon we will see EWT staking coming just around the corner which has been long awaited, so could be oppertunity for accumulation within this triangle. I am just monitoring this triangle for now, as i am already fully loaded... but a breakdown of this triangle may just switch up for a second. Ill be back with some updates or perhaps a new idea.
KRAKEN:EWTUSDLong
by E9XBT
2
SOL - Potential Expanded flat - $180 - ($112-$93)SOLANA has had an amazing run-up recently as many people anticipate it to be a smart chain for widely used adoption. I'm a big fan of the project myself; very promising. However, it looks like we could be having an expanded flat form here. Could be WAY too soon to call. But if this is an expanded flat - would expect a pullback into the $112-$93 price range. Personally - I have a very light amount in SOL - and I would like a pullback to scoop more for the long-term, so I may have bias with this wavecount. Expectations remain this though.
Short
by ericisom887
1
EGLDUSD - Finishing the 3rd waveHi and welcome back to my analysis channel. It's been a while since I posted my last trading idea and I would like to sart with EGLD since the chart says to us that we should close some positions because wave III is ending its formation soon. The next step is wave IV that will make a correction in the range between 130-160, after which we will be able to enter the 5th wave rally to gain bigger profits. -------------------------------------------------------------------------------------- The wave V has 2 ways of growth. First one reaches the 200 dollars resistance level, since according to Elliott Waves Theory, the extension in 3rd wave determine approximately the same size of waves 1 and 5 The alternative count says that wave V could reach 1.618 of w3, which is less probable. I think in this case we should follow some fundamentals in order to see if the EGLD has a basis strong enough to break some key levels and to grow bigger than the perfectly formed 3rd wave. Thus the clearer image will be available at the start of that 5th wave -------------------------------------------------------------------------------------- I would also like to notice that the purple arrows you see where a prediction made by me without publishing it here. This is a good example of how useful can Elliott Waves Theory(EWT) be in predicting market moves. Good luck in your trading / investment decisions guys. Like / comment / share to support my ideas if you like them stay tuned ;)
BITFINEX:EGLDUSD
by wescapist
2
💨𝙀𝙒 𝙋𝙖𝙩𝙩𝙚𝙧𝙣: 𝙈𝙪𝙡𝙩𝙞𝙥𝙡𝙚 𝙕𝙞𝙜𝙯𝙖𝙜🌊●●● 𝙈𝙪𝙡𝙩𝙞𝙥𝙡𝙚 𝙕𝙞𝙜𝙯𝙖𝙜 (Mult.Z) Keep in mind that an triple zigzag is rare ❗❗ 𝙍𝙪𝙡𝙚𝙨 ● A Multiple Zigzag comprise two (or three) single zigzags separated by one (or two) corrective pattern(s) in the opposite direction, labeled X . In the first case, it is called «double zigzag», in the second - «triple zigzag» (The first single zigzag is labeled W , the second Y , and the third, if there is one, Z .) ● Waves W , Y and Z are always single zigzags . ● Wave X never goes beyond the beginning of waves W and Y . ● Wave Y always ends past the end of the W , and wave Z , if any, always ends past the end of the Y . ● The first X wave always ends on the territory of the W wave, the second X , if any, on the territory of the Y wave. ● In a triple zigzag, the first X wave is always a zigzag, flat or combination . The second X wave is always a zigzag, flat , triangle or combination . ● In a double zigzag, wave X is always a zigzag, flat , triangle , or combination . ● Double and triple zigzags replace single zigzags , but cannot appear as W , Y , or Z waves. ❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨 ●In a double zigzag, wave Y can equal wave W , .618 wave W , 1.618 wave W , or .terminate at a distance equal to .618 wave W past wave W . In a triple zigzag, there can be equality among waves W , Y and Z , or wave Z can equal .618 wave Y , 1.618 wave Y , or .terminate at a distance equal to .618 wave Y , past wave Y . In a triple zigzag, the Fibonacci relationships between waves W and Y , would be the same as a double zigzag. ● The Fibonacci relationships between waves W and X in a double zigzag, and waves Y and XX in a triple zigzag are analogous to the relationships between waves A and B in a single zigzag . ● In a double zigzag, as a guideline, wave b of wave Y should not break the trendline that connects the beginning of wave W with the end of wave X . ● As a guideline, wave X (second wave X of the triple zigzag) of a double zigzag should break the trend channel formed by the first zigzag in wave W ( Y ) and be greater than 80% of subwave b of wave W ( Y and Z ). ● When a zigzag appears too small to be the entire wave with respect to the preceding wave (or, if it is to be wave 4 , the preceding wave 2 ), the complication of the structure to a multiple zigzag will probably follow. Elliott Wave Principal 2005 and Q&A EWI .
BITSTAMP:BTCUSDEducation
by TradeWaves-EWA
5
Bitcoin's Path Ahead!As discussed on multiple occasions here on TradingView, Bitcoin is likely in an ABC correction. We called the bottom at ~$30 000, yet with the possibility of a final mini dump towards the $27 500 area. Regardless of what, Bitcoin has now initiated its B-wave. This B-wave serves one purpose and one purpose only: to trick the bulls that everything is fine from now on. One technical area of high interest is the diagonal resistance that coincides with the 0,5 fib. This is an area that I will pay extra attention to. With that said, whenever any underlying is trading within either a range, formation or consolidation, they tend to ignore regular indicator supports and resistances. Depending on how Bitcoin were to proceed from here we will assess the ~$46,500 resistance differently. As recently discusses Bitcoin is most likely developing a zig-zag ABC correction as the A-wave consisted of 5 sub-waves. This naturally concludes that the B-wave should consist of 3 sub-waves in turn. By this token, if Bitcoin were to get its B-wave of the B-wave correction at for example $42 000 then chances are dramatically increased that the $46 500 area will be the final level prior to initiating a steep C-wave to kill off any final bullish enthusiasm. If, on the other hand, Bitcoin were to go relatively straight towards this area and then get rejected, chances are that it will continue further up until it's done with the B-wave. Such case would pave the way for a flat, in which the aforementioned bottom at ~$27 500 would be the likely and absolute bottom in case of an expanded flat. Otherwise, a bottom between $30k-35k is more likely in case of a regular or running flat. Time will tell. For now it all comes down to HOW Bitcoin will move up towards the mid to late 40 000 range.
BITFINEX:BTCUSDLong
by LongLifeTrading