The price of INJ is at the top of the parallel channel on the weekly chart. This is probably not the best time to buy INJ, I would wait a for a small pullback. Rather buy INJ in March / April and buy some other coins because INJ is going to go sideways. From the Elliott Wave perspective, we are waiting for the final wave (5). We are in wave (4). Let me know what...
POWR by Ledger is a very promising coin, as Ledger is one of the most popular crypto hardware wallets in the world. Fundamentals are pretty strong, and there is no doubt that this coin is going to continue in this promising uptrend. We are in a parabolic phase, so do not expect strong corrections. 10x is, in my opinion, still very possible if you buy the coin now....
Regular Flat : Elliott Wave Correction
Identified By student which shows the complete formation of Elliott wave flat correction
which is following basic the rule of subdivision of wave as 335 .
Although Find the basic rule for flat correction for your prectice :
REGULAR FLAT :
1- A Corrective 3 waves move labelled as ABC
2- Subdivision of wave A and...
Doge can crash by a 64%. Why? Because we have a descending triangle on the weekly chart, which is a bearish pattern. Also, how much % profit DOGE made in 2023? 0%. DOGE is going sideways. Do not get me wrong, I believe in future on DOGE, but investors are disappointed compared to other coins. I think we can buy cheap doge in 2024 / 2025. Then to the moon. Let me...
DATA is starting something really huge. We can see that whales accumulated for a long time and now the price is breaking out of the accumulation phase. If we take a look at the volume indicator, we can see that the volume is astonishing. This definitely confirm our bullish bias. 2811% profit is not a sci-fi, but a real deal. Elliott Wave ABC corrective pattern is...
As per Neo wave time cycle, Wave 'B' of the FLAT correction formed in DOW 30 index is ended today
since the recovery wave ABC extended nearly 76.8% of previous wave
expect a soft bear market cycle for 8 months from now.
trading is difficult as wave 'C' expands in 5,3,5,3,5 legs ,and expect a spike in VIX too
Do not hold your short positions for more days , as...
Elliott Wave Analysis:-
A wave seems to be a Zig-Zag A wave .
B wave to be a connecting wave .
C wave to be extended wave of Zig-Zag C wave
If it didn't break 46369, if broken the 46369 then the flat takes place and zig zag leave the place.
If it did not break B wave and breaks the low of A wave then the flat...
Elliott Wave Analysis:-
A irregular flat has formed and currently the C wave is forming.
if it didn't break 123 level then this will be expanded flat
and if it breaks the level then it will be expanded running flat which may extend to 108.
we can accumulate little here and a bit more in level 2 and bit more in level 3.
3 crucial level's...
ETHUSD made a nice bullish run this year from 1063; a move that can be counted in five waves so we will be expecting more gains after a pullback that is still underway after current intraday drop below 1600. We see ETH now in a downward complex correction; ideally, a flat meaning there can still be a recovery from the near-term support. 1500 area certainly looks...
On Aussie we see very strong and impulsive first leg from 0.6459 level, which can be the first higher-degree wave (1), so more upside can be seen after current pullback in wave (2) that can be now coming to an end as an A-B-C flat correction. As long as the price is above 0.6459 level, we will remain bullish. Looking at the 4-hour chart, we are tracking a...
From what it seems, AI made a 3 wave move before dropping impulsively.
That drop doesnt look corrective so i expect following potential outcomes.
Leaning more to deeper correction. (Red pattern)
Flat corrections require 3/3 /5 patterns
It looks like
B (Zig zag)
C (Impulse) (for the moment its only 1 of 5 waves.
My longs are safe with stop loss in...
BITCOIN is STILL going down in a BEARISH MILLENNIUM WAVE (X) defining our BEAR MARKET and it seems to be dividing into a FLAT 335 ABC flat corrective pattern. I've am predicting BITCOIN is going UP temporarily about $2k against the corrective WAVE (X) in 5 waves (1,2,3,4,5) to end WAVE 5 of y od (IV). Please notice the rising wedge pattern as this is heading to...
We may see a flat correction for wave 2 from what I think is it a C wave at a bigger degree before to go for a 3rd wave. Time is too short for an wave 2 from an ABC correction when we compare time form wave 1 vs 2.
This is the sequel to my previous idea .
The support line of the diagonal triangle has finally been broken.
The coordinate of point (A) was erroneous, so I corrected it.
TOTAL and Nen-star patterns formed.
Recommended TPs unchanged (see also gray-color zones of the Fibonacci extension.)
For details, please take a look at the related ideas below.
This is a sequel to my previous idea .
The diagonal triangle's unexpected, extended wave 5 (possibly an expanding diagonal) morphed the bearish white swan into a bearish anti-butterfly.
The basic strategy stays the same, but the basis for calculus would be slightly different.
Target is unchanged anyway.
If this breakout forms wave 5 of the impulse, a drop...