This count is possible a bullish scenario for Ethereum.
We have an upward impulse that can be A or 1 and now we probably have a complex WXY correction and not a zigzag as I had previously anticipated.
If so, we should be in a triangle-type corrective wave at this moment, which could be the B wave from the ABC that forms the Y wave.
This triangle could also be a...
XRP may go up with an impulse.
Bounced into the 0.618 fib retracement where also we have daily candle open support.
Long with target into the box. Stop lose under invalidation line.
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ETH probably made a leading diagonal for a wave A or 1 also this may be an abc for an wave W.
After we have a connector wave an expended flat wih wave b hitting 1.380 fib extension of wave a.
Now I think we made an impulse to the upside a leading diagonal that may be wave 1 from something bigger or as it allready hitted 0.618 fib extension of wave W vs X(extended...
Hey everyone! 👋
This week, we wanted to do something a little different. As you may have guessed from the title, we're running a trading idea competition!
The prompt for this competition is simple: Post your best pair trade idea for the given market conditions. Your idea's time horizon can be anything from the next week, all the way through the next several...
12 12 w may have a 3rd wave extended here on eth also inverse head and shoulders pattern.
Play long above 1340 with stop lose below right shoulder.
I will update with targets after we have a break.
RSR break slope trend line with an impulse that probably is wave 1 and than made an abc correction to retest the trend line after the break for a short wave 2.
This is the wave C probably an impulse to the upside that will hit 1:1 ratio.
2.236 Fib projection 1 vs 2 hits perfectly the zone of the 1:1 ratio A vs C so from here I am expecting to start the wave 3 from...
Ethereum alterntive count to Link related ideea.
Ethereum may stay into a range before will go down for a C or 3 wave and maybe just finished waves A and B from a flat pattern.
If this count is correct we must see a rally to the upside.
Wait for wave 1 and than enter long.
I will post updates frequently so subscribe for future updates and if you like my analysis...
It is critical to analyze indices when choosing stocks !
SPN (Energy sector of S & P ) outperformed SPX since start of new year . While SPX is officially in bear market , SPN gained above 30 % so far and was above 60 % at it's latest major high !.
SPX bounced back last week raising hopes for bulls however, I think it is just a bear market rally and worst may...
Chiliz is into an leading diagonal that I think will end into the top of subwave A fom B wave of the bigger flat pattern soomewhere at 0.22120.
This leading diagonal probably is wave 1 form C wave.
Take a look also to the related idea that I publihed yesterday.
I will keep updateing this count. I am long on CHZ so if you like my analysys give me a like and...
Chliliz ended a 5th waves move to upside and now I think it Will go into a correction phase ABC flat pattern. It will be extended we will gonna see.
I entered long on CHZ with targets into the box for an other ABC correction that will be the eave B from flat correction. Good luck!
Hello, dear TradingView members.
This idea is a Bitcoin analysis.
Now that Bitcoin has closed another red monthly candle, we can talk about our bearish situations for this season.
This bearish scenario is only for the situation when Bitcoin falls from the 17K support level.
There are three possible scenarios:
1. Red Scenario:
The price will pass the 17K...
First off, I am NOT implying that these two assets actually have a meaningful relationship with one another (correlation of any sort/or if MU goes down so does BTC, vice versa).
I am just pointing out that Bitcoin and Micron have had similar price action in terms of peaks and troughs and I want to keep watching that relationship.
What's interesting to me is...
Ethereum probably made an impulse to the upside that is a leading diagonal.
Expect for correction to end, and at least the end of 4th wave, 1st box. It may drop at the second box at the end of 2nd wave to place another entry.
For more conservative play you can wait to break up the b wave of the correction that may be a zigzag.
Target for a C wave is 1385 and for a...
ReserveRights showing some potential here.
After an expending leading diagonal for wave A probably ended a triangle correction for wave B.
A break up of the BD trend line may send RSR to an over 80% gains.
I will post updates for this count so if you like my analysis subscribe for future updates and hit the like button.
If you have any questions fell free to ask,...
ETH may go upside if break top of wave a.
Enter long on the break up of 1314 (a top) with target into the box for at least a C wave and put the SL at 1250. Also you may keep some of the position in case we have a 3rd wave here.
I will post updates on this trade.