BINANCE:BTCUSD breaks through the 69K mark, grows by 8% and hits a strong resistance zone. There is a high probability of forming a false breakdown before further correction, as there are reasons to weaken the price a bit before further growth. The flagship of the cryptocurrency market updates the high at 73794. Technically, 69K is starting to sell off...
Shiba Inu will definitely go higher later this year. Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249. It's always important to do an Elliott Wave technical analysis for such pumps to stay in full picture. We need to see the full market...
2024-03-17 On St. Patrick’s day this pair looks greener once again after the Bitcoin mood turned negative this weekend and erased about a third of WIF’s gains in prior weeks. Since trading began in December, the pair experienced an Elliott triangle correction into the last week of February, when it finally took off in a clearly structured impulse wave that took it...
FX:XAUUSD continues to form correction. Price has been breaking through support since the open and is testing the key liquidity area formed on Dec. 4 $2,145 - $2,150 Overall, the price is not ready to go above the made high. Yes, there was an earlier breakout of the resistance level from December 2023, but there seems to be pressure from the resistance side...
FX:XAUUSD is updating the global maximum. The distribution stops. The market goes into correction state. But, what is also interesting, a setup is forming on the chart, foreshadowing a support breakout. Let's briefly discuss the current situation in gold, without a long rant. The upcoming week is full of news. FED & FOMC meetings and Powell's speech are the...
ICP looks very strong from a technical perspective. We can see that we have started this whole uptrend with an impulse wave 12345, which is very good to see if you are an Elliott Wave trader. We are now in a corrective phase, and usually we want to see a liquidity sweep below the previous wave (4). In this case, below 8.5 USDT - that would be a great level to buy...
AMEX:SPY March 18, 2024 Daily For the last rise from 493.56 to 518.22 AMEX:SPY has retraced 38.2% levels and is now at 21 day support. 61.8% of the move is 503 levels. So it is crucial that AMEX:SPY holds that level for any uptrend now to continue. Buy on daily is only above 518.5 levels. For the day in 15 minutes chart consider the last fall 514.94 to...
Bitcoin almost reached an all-time high, but not yet. Wait for it; it will go above the previous ATH from 2021 pretty soon! And what happens after that? A lot of people will start buying the new all-time high, the news will be full of articles, and retail trades will buy the peak. Whales need liquidity, especially on BTC, so they will trigger a massive crash after...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nice deep pullback 3 of 3 confluences met 97.200 target area where some liquidity is sitting .
Looking to sell, EURNZD from 1.79230. Stop loss is 45 pips & TP 1 is 100 pips. TP2 at 200 pips. Here there is a key level, trendline in current bearish trend. It aligns with EURAUD remaining below the last high created, giving correlation for the bearish play on EN. Confluences: Key Level 61.8% Fibo Trendline Catch you later traders ▲
In the first rally we can count 5 Waves up (white 1) followed by a retracement into the typical Wave 2 support (white 2) between the 0.786 (at ~0.0048) and 0.5 (at ~0.0098) Fibonacci retracement where we got a bounce from (green 1). We assume the latest bounce was the 1st Wave (green 1) of the 3rd larger Wave (white 3) and we are currently testing the Wave 2...
🏃♂️ Floki Inu(FLOKI) is moving near 🟡 Potential Reversal Zone(PRZ)($0.00035-$0.00030) 🟡and All-Time High(ATH) . 🌊According to the theory of Elliott waves , it seems that Floki Inu(FLOKI) has completed the main wave 3 , and we should wait for corrective waves . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . ⚖️ Floki Inu(FLOKI)...
Hello everyone, let's look at the 1H BTC to USDT chart, because we can see how the price has left the local downtrend channel, and it is important that it maintains the current level to continue to grow. Let's start by setting goals for the near future that we can take into account, first the important resistance zone from $68,550 to $69,629, and then the target...
Quick post to alert of BOBA at a major fib.. Golden fib at $1.3111 is a major landmark. What happens here will offer some clues. It is PROBABLE that we get a pullback. It is POSSIBLE to break and retest to fly. It is PLAUSIBLE that we have "the top". ================================
USD/JPY is rising towards a pullback support and could potentially bounce off this level to fall lower. Buy entry is at 149.180 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 149.915 which is a level that aligns with the 78.6% Fibonacci retracement level. Take profit 1 is at 148.148 which is a pullback...
ENJ atinge todos os alvos espelhado da perna de correção de Dezembro - 23 à Janeiro - 24. Podendo realizar agra uma correção até região dos 0.4200. Essa correção pode caracterizar a onda 4 (Possivel lateralização pré rompimento de MM200). Forte alvo possível para onda 5 em região de 0.9480 - 1.1100.
We are looking for at least short-term fall now like the red arrows on chart also more info is shared on daily chart: DISCLAIMER: ((trade based on your own decision)) <