- Ethereum is forming an ascending triangle, which is generally a bullish sign! - Also, the price is above the trendline. - Out target can be below the all time high level . - ABC correction should be over. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓...
Gold seem forming a leading diagonal/ wedge pattern in wave a (green circle).. Waiting for sell @ wave b (green circle) at around 1903, Sl at 1913, Tp @ around 1870 which are the confluence area of pitchfork median line and demand zone
Gold may completed its leading diagonal pattern. Price have reached the confluence area ( 2 Upper trend line of leading diagonal met with pitchfork parallel line PLUS the supply zone ).... Short at around 1902, TP1 @ around 1760. Stop lost at 1913.. xyz3dtrading
Gold price "may" completed its leading diagonal pattern. SL @ 1890, T.P 1 @ around 1760 ( where the neck line of reverse head & shoulder and next major demand zone meet).. T.P 2 will be around 1725 ( the intersection of weekly trend line AND the handle bottom line of the monthly cup & handle pattern )
wave iii still runnig in wave ((2)) – downside movement from 1.2244 looks corrective in an expanded flat - test area fib ret. 1.2130/1.2150. ALT: wave c of (b) is over – motive wave should follow downside 1/2–1/2 or leading diagonal – test area fib. Retr 1.2200/1,2208 critical price area previus daily close 1.2170 PP 1.2200 FIB: 1.2130/1.2150 -...
Gold's price possible still have 1 more leg up toward around 1888 to complete wave (A)( Cyan / light blue) .. For the sake of good Risk/Reward Ratio.. Traders might consider waiting for short setup instead of long..
Gold Price possible reached (A) (Cyan, light blue ).. Price has touched the upper trend line of leading diagonal and price maybe wont reached 1880 on wave (A)..Stop lost @ 1874, Tp @ around 1720...where there is a weekly pin bar (demand zone) and weekly uptrend line meet..
Gold.. waiting for long @ around 1800, where price reside @ lower trendline of leading diagonal pattern / previous resistance/support flip zone..Stop Lost @ 1770 . Tp @ around 1870 where price of of previous supply zone/ upper trendline of leading diagonal pattern intersect...
My previous analysis about BTC exactly happened. ABC has completed and its ready to finish the zigzag . There is slight possibility that ABC hasn't finished and it might rise above the invalidation point so trade with money management and put your ST above invalidation point. BE AWARE If BTC falls, most of the altcoins will fall too.
We are @ wave a (green, circled ) of Final Leg Up of wave 5 (yellow) of the leading diagonal pattern. Price of wave a (green, circled ) (maybe) will reach @ around 1850, Before retrace back to daily 200 ema and the trendline @ around 1800-1790 before final leg up for wave c (green, circled ) and wave 5 (yellow) to reach @ around 1860, where there is a confluence...
The DXY seems formed a Leading Diagonal after bottomed at 2021/1/6 with a 3 waves decline (Zigzag) followed by it, therefore expecting another 5 waves going up to complete a larger degree Wave C (or a Wave 3) Now the price has reached the level of 618 of the Leading Diagonal, let's see what will happen in the following weeks
Very important. Ripple completed 5 total waves down on its journey from $1.89 to $0.85. Within all Elliott Wave corrections, a single 5 wave move cannot be the complete form of the correction. It is only 50% of the correction at maximum. With 5 waves considered as A wave, we can expect 3 corrective bull waves upward for B. My target range for the up move is $1.65...
Price of Gold is re-acting on upper and lower trendline to form a wedge pattern @ Detail on the chart
Without finding support above $1.11, expect a 80% drop in Ripple's current price. While I misjudged the final massive pump, the fact that Wave 4 breached Wave 1 yet remains a fact. Consider the current market structure as Leading Diagonal formation (still). Typically within Leading Diagonals, after Wave 5 completes, the bearish correction returns for a diabolical...
- XRP is absolutely ready for a massive gains as the current never ending consolidation has finished successfully! - As per my Elliott Wave count, I can really definitely see a brutal 5th Impulse wave to the upside starting in the immidiate short term! - Do not forget to check my the most important analysis on BTC.D (Bitcoin dominance). - XRP fell from 2. down...
- I hope you are ready for the upcoming historical move for altcoins in the crypto space! - We have a double top reversal pattern between weekly swing highs (September 2019 and December 2020). - On the weekly timeframe, we can spot an Head and Shoulders pattern that is currently preparing for the greatest move in the history. - See my related ideas about the...
THE CHART IS BECOMING CLEARER. THE CHART SPEAKS FOR ITSELF ELLIOTT WAVE ROCK,
Longer term forecast with 2 possible (OVERALL BULLISH) routes heading into the coming months.