BTC Shocked many analysts one more time ! What is the most possible scenarios now?
BTC proved 100 % today that those (including me) who expected a zigzag correction were completely wrong. But, this the nature of the market. Nobody can make 100 % accurate analysis and predictions.!
I see what is going on Bitcoin as a flat correction. There are three types of flat...
Hi, today I want to talk about one of the old Tokens of the market that has been in its five descending waves for a long time. maybe you can think about invest on it. The name of the token is 👉 Wabi 👈
Wabi Analyze ( WABIBTC ) Timeframe 2D ⏰
Location🌊 : Fortunately, Wabi was able to finish 5 descending waves at 0.00000929BTC , then it started to run on ...
TESLA price may reach near 900.40 again where there is a "possibility" to form flat pattern in wave 2 (Red Circled) AS Price now may trending up toward wave (B)( Cyan/ light Blue) of the flat pattern..
GBPJPY monthly/correction most likely will be completed at around 160 after completing its flat correction pattern with wave 5 (yellow)..Also Price level of 160 would be a confluence area of 1) Major Supply zone 2) Monthly Down Trend line .. Stop Lost for the long is 149.184
possible retest 1821.5 (or higher up to 1827) before dropping again (1800 or 1797 or 1787)
strong resistance at 1831 if 1831 broken see 1836 and 1844 or 1847 as next target
IMO if 1787 retest then daily candle close at 1797 or 1800++
then 1844 would be next target (and possible target higher than 1844 especially 185x zone)
Hi, I Came back again with Bitcoin counting waves. still, I am believing that Bitcoin was able to pass Main wave B at 48800$, also, As I said in my previous post ''Bitcoin Analyze (Counting Waves at Timeframe 15min)!!!'',❗️Warning❗️: over 46822$, my counting waves will be fail. and NOW, my counting was failed (Normal, counting waves can change). So I tried to...
GOLD Price possible forming a flat pattern now in wave 2 (yellow) ..Where price could reach at around 1785 a confluence zone of 1) Weekly Trend line Support (Cyan/Light Blue Dotted Line ) 2) Lower Trend Line Support of the Flat Pattern .. About the time of coming this Friday N.F.P...
P/S. Chart Pattern "Work"! As "Geometry Pattern" as "Face Expression"" are a form of " Reflection of Emotion " from market sentiment. It doesn't matter that "emotion" was a "Face Expression" "generated" by a "dogs. cats etc" or humans OR on Charts! IT's "nature phenomena"!! .. for us to "feel,see" the "fear. greed, euphoria " etc on the market!..
Hello traders and investors!
Today we will talk about commodities, specifically WHEAT, in which very interesting development.
Well, as you know, commodities have been very bullish for the last year and some of them made strong and impulsive rise, but this is not the case for WHEAT, as we see slower price action and corrective wave structure from the lows.
come on gold... why you like flat correction that much
Running flat Elliott wave correction.
A running flat correction subdivides into 3-3-5 internal wave pattern.
Wave 'B' breaks the beginning of wave 'A'.
Waves C tends towards 100% the length of wave A and will not break the low of wave 'A'.
The running flat correction wave can appear in any corrective...
Textbook pattern of elliottwave Flat correction spotted in Ethereum Chart. A-B-C structure with 3-3-5 minor structure.
I expect price to visit 2100-2200 marked with 0.618 fib level before bouncing back up