BTCUSDT seems to be reached supply zone. Price action drew a logical dynamical resistence line - top formation - in a confluent Elliot Wave count. USDT 40400 is a potential target for short swing trade in an possible impulse bearish.
BNBUSDT is about to make the most profitable wave for position / swing traders at this actual peak as the price action tends to break-down the ending diagonal, in which the price just complete the final (5th wave) leg. All explained at the chart.
KRE the regional bank ETF is down about 50 % YTD, with a couple of bank failures leading the way. The question that arises is whether there is more downside. Faith and trust in the the banking system is at risk. The big banks came in their rescue on First Republic. A run on the little banks can hurt the big banks even Goldman Sacks. Holding...
BTCUSDT entered in a downtrend on a corrective intermediate Zig-Zag pattern, in which minor wave-(A) is potentially aiming the greater demand @ 19600. A swing trading plan can be made easily based on supply and demand theory, avoiding to trade in the grey sectors, so-called equilibrium zone.
Price action tends to interact with AVWAP in confluence to the pending retest @ resistance. Fisher Transform oscillator on H4 suggesting the trajectory in time. An extensive wave inner impulsive bearish wave (iii) expected till local demand.
BTCUSDT have a Head & Shoulders pattern to built in a Zig Zag downward, in which a wave 1 can be expected for an 2-D swing trade as a breakdown from the micro symmetrical triangle is expected. Thereby, a new supply target will expecting for a reaction. This will be an increase of confidence for the sell-side. Displayed on this H4 chart: daily LSMA (least squares...
BTCUSD reached further the supply area in overbought condition. A potential decrease of 7% can occur if the price action interact with the anchored VWAP from ATH. This potential movement can ignite an impulsive 5-wave bearish exiting of this big diamond pattern, which is likely complete. Fisher Transform suggests the direction of the price action in 2H and 1D...
BNBUSDT is about to finish the 5th wave of a contracting ending diagonal. 12% drawdown can be expected as illustrated on this 1D chart. Price action on intraday below volume POC. According to my wave count, BNBUSDT is likely to be enter in a 5-wave swing-downward correction to made a lower low amid 160 USDT price @ least extending down 1.618 from the ABCD...
Expecting a swing downward. I'm dislplayed on this 30m chart all passible bearish correlations. No doubt about the price action ahead. Daily overbought condition. I'm expecting sell-off.
Potential bearish trend reversal expected. Projecting BCD reciprocal targets extending 2.618 and 3.618 aiming local demand zone. That's a potential wave 1 to ignite. Wave 2 about to extend Fibonacci @ 61.8% (future local supply). Technicals: * Fisher Transform cross; Overbought; * Chaikin Money Flow hidden bearish divergence:
Highly bearish confluences of strong signals on 1D chart of ADAUSDT. The price action reached supply. Double top formation. Overbought. Heading downward. Potential Head & Shoulders scenario development till the final of April. Grey area is a not-trade-zone. Technicals: * ABCD reciprocal .886:1.128; * Fisher Transform bearish cross / bearish divergence; * Chaikin...
DODG daily chart with a recent Golden Cross. A potential break-out is on deck which - looking very bullish for the dogecoin. Fisher (DW) trending bullish and looking similar to the big run up in early 2021. Price is getting support from the 50-day MA, MFI trending bullish, and the RSI is currently still above 50. Also, lots of high volume support at/near the...
Hypothetical scenario with potential fractal of Fisher Transform oscillator for the bottom price region.