Welcome back to our QTUM analysis Series
In our first analysis, we pointed out buying zones for a potential bottom as shown in the chart below
A month later we updated that idea after a few buyng zones were...
please see my current idea on the Sushi Crypto, where my count suggest that we are done with wave 1 and 2 which would now lead to a wave 3 extension to either 1.618 (which is equal to target 1) or to 2.618 (which is equal to target 2).
Let me know your thought.
Wave 4 pullback played out to a tee. We have an inverse head & shoulders pattern with MACD divergence finishing it off.
Now the Wave 5 run will be officially underway once the neckline of the aforementioned pattern breaks.
New highs on the cards.
Please see above my analysis of XAUUSD on the 4h timeframe with a possible wave 5 extension taking place. Target is based on Fibonacci extension. Please see at my older idea on Gold, where I predicted a reversal from 1724 to 1878.
Please leave a comment and a like.
Have a good weekend.
I am using the Trend Based Fib Extension so that we can get an idea of where Kin could possibly hit certain price zones based on fib numbers. Of course, this could be wrong but Fibonacci zones are crucial in making some kind of connection with a future outcome. I am still bullish on Kin reaching a possible $0.01 price target but more conservative at $0.005. Notice...
Here we can see an ascending wedge and a head and shoulders pattern.
At this moment we can also see that the price action is currently retesting the parallel channel and wedge.
All options in this charts are still valid while it still can go both ways.
If the parallel channel gets broken, close above and an impulsive move up, off course retrace lvls. are...
Even though the excitement is huge right now for BTC going to 100k or even past it, i think this will not happen for a few reasons.
Aside from TA, if you've been in the previous cycles you know that whenever everyone thinks btc will reach certain target or go beyond, this price is never reached. Excitement is however...
I used some fib retracements and extensions and see that .618 is a strong support , lots of long wicks and reversal candles. Right now price is sitting on the .618 support and with the extension I see price shooting up to the $310 area. I’m long on Solana.
If I’m wrong price could drop to $90 and rebound, any further then the crypto will crumble.
Hello, on my last chart I did not have all of the support levels for the retrace. It appears we've bounced off the 38.2% level at the movement and have upside targets. Again not a financial advisor only sharing what I see.
Hi, i am not eliott wave expert and i am still learning it, but i think we can see something like this in next few weeks/months. This drawing can be totaly wrong. If you think I made a mistake somewhere in this chart you can correct me, i am open to new views.