The Wave structure shown in the above chart is my main wave count for BTC for time being. I am expecting upward rally to continue. The chart is self explanatory. On lower time frame, Wave 1 (not shown in chart) started from the low where the corrective wave count ended. I am expecting we are still in wave 3 on LTF despite being bearish for past ~45...
Subject: (CVNA) Consolidation & Continuation I've now updated my charting to further reflect my ongoing hypothesis regarding Carvana (CVNA) which points towards consolidation and continuation. Based on multiple key factors, I believe we have reached the presumed bottom of the large pullback on the 4hr timeframe.(ZigZag printed). The top was formed on 12/20/23 at...
As mentioned in my previous 2 published ideas on SPX recommending shorts, SPX has now hit the ultimate target.
After touching the target, according to the analysis of the previous post ( here ), it is currently moving in an upward channel, which is placed on the support of the previous ceiling and also at the bottom of the channel. If it registers a green candle above 65 cents and exits the corner of concentration, the first target of that supply zone will be the range of...
Natural gas has a nice correction after the traders cash out their position after a big rally in price. In this analysis i use Fibonacci retracements to see in the short term were the price can go. The price hit 0.618 zone Fibonacci retracements in the correction down move so i expect to go back on the 0.618 zone Fibonacci expansion. My TP is 1.720 Don't...
2024-02-12 Helium Elliott Wave History Helium has had a nice run recently appreciating its price about six-fold into the 8 USD range. It appears that only the third wave has completed. A similar run may be expected with a continuation of the bitcoin driving force in the background.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
FX:EURUSD may try to break resistance and there are several prerequisites for this from a technical analysis point of view. The dollar index is trading quietly today as the US celebrates the President's Day. Volatility may be low, but there are preconditions on the chart that prepare the index to decline and the euro to rise. Index: price continues to tighten...
As you see on this chart: If Brent Crude Oil is getting above the last days highs, I'll enter long and expecting a jump to the ~90th region.
We are far from all relevant Moving Averages, have overcome the all time high and begun a correction. I see a substantial room for a decline now as we have risen to land and to fast since December.
EURCHF Buy at HL ( also 0.5 FIB , trendline support intact) SL , TP mention in chart
Gold technical analysis Elliott Wave Fibonacci retracement Fibonacci extensions Correction wave Impulse wave All time high
Upon analyzing the market structure of EURUSD, it is evident that a bearish trend is prevailing. After observing the break of structure to the downside, we were expecting a pullback into the premium pricing zones using our Fibonacci levels. Therefore, we entered our trade from premium prices and will hold it until we reach our second take profit target.
Pendle wicked to my downside price target and had a VERY strong bullish engulfing candle. I expect the token to either meander sideways and up or make its way back to the previous channel. I remain very bullish on this token and ecosystem of yield bearing real assets such as ETH. -In short order back to 3$, possibly 3.4 if the channel is retaken.
🏃♂️ Ethereum has been moving in an Ascending Channel for over a year . 🏃♂️At the moment, Ethereum is moving near the 🔴 Heavy Resistance zone($3,580_$2,960) 🔴 and the upper line of the ascending channel , which we can see the reaction to this zone well in the daily candle . 💡Also, between two consecutive peaks, the Regular Divergence(RD-) between ...
In this chart, we explore a third Bitcoin Fib-Time Cycles concept (3/5). Refer to the original idea for concept #1 or concept #2 (linked below). In this concept, we position Bitcoin within an unconventional greater two-cycle phase, where the current cycle, Cycle 2, contributes to a Supercycle. It offers a twist that may appeal to the more contrarian, as its...
The following stock is largely outperforming the agrochem space in last couple of weeks its in an uptrend The agrochem other peers are in downtrend largely the result were strong and there are high chnaces for the stock to gain market share and become even stronger coming on technicals, it gave a fake downtrend and emerged stronger thereafter its...