In the weekly chart, the Triangle pattern is broken and the uptrend is almost being confirmed (Weekly Chart ) In the daily chart, by completion of Wave 2 in the range of 114.39, the uptrend has started in Wave 3, price is currently in this wave of which the targets of the uptrend can be in the range of 133. (Daily Chart ) In the 240-minute chart, the wave...
Here we go over last weeks video and we take a look at a few things we are keeping an eye on for the coming week!
In the 240-minute chart and in the 4th wave, from the sub- waves of 3rd wave, a triangle pattern has been formed, which is being confirmed by crossing the price from the range of 35.66, and can form an ascending trend up to the range of $ 64.
The market it's make bearish in H1 and H4 confirmed. At the moment, I put my sell order limit at $49,000 USD towad the $42,000 USD. There's an interesting short position in this zone of $49,000 USD to sell Bitcoin. And my SL it's around of $52,500 USD. Guys, inevitable, I'd reccomend to closed up your long position in Litecoin, Ethereum, Cardano and Bitcoin Cash...
Hello and Thanks for stopping by, this is my first tutorial post so go easy on me haaaaa Ok well all is self explanatory really as you can read by the chart . Lessons that can be learned from this can be repeated over and over again but the truth is we will always see the same scenario playing out over and over again because that is what feeds those who are...
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In the 240-minute chart, the first 5 ascending waves are completed in the range of 61986 Satoshi, and the corrective movement is completed in the range of 34774 with Ending Diagonal pattern. Due to the price increase, there is a scenario that wave 3 has been started, the initial target of which is 134977 Satoshi and the final is the targets of 235459 Satoshi.
In the daily chart, the first 5 ascending waves have been completed in the range of 21818 (1 / A), and its corrective movement has been completed in the range of 2210 with 3 descending waves. By breaking the downtrend line, we can consider it as the advent of an uptrend in the 3 / C wave, however, we can receive the main confirmation when the price crosses the...
The formation of the Diagonal pattern at the end of 5th wave from point b First, let's take a look at the weekly chart. The first uptrend ended in the range of 49.83, and the price is in corrective phase for this uptrend, which can be extended up to the $ 8 level. ( Weekly Chart ) In the corrective phase of (2 / B), there is the possibility of the termination of...
The Triangle pattern is forming in wave 4 from the first ascending wave of point 3 As you can see in the image, the uptrend is completing in the first ascending wave from point 3, currently, the price is in wave iv of this wave. The triangle pattern is formed and by crossing the price from the range of $ 34,985 we can get the confirmation for the uptrend, and we...
The first 5 uptrend has ended in the range of 0.098, and also its retracement has finished in the range of 0.02596 with the Diagonal pattern. Currently, the price is in wave iii from point 3 / C, the end of this wave is price area of 0.33., however, it should be noted that, this price is the first target, we can expect a price increase up to 90 cents.
A: As you can see in the daily chart, there is a very strong uptrend, which has been extended up to the range of $ 411950. In this range, wave III is over and we should wait for the retracement trend of wave IV. Since wave II had a short corrective movement, correction of wave IV could be long and extended up to the range of 0.618 Fibonacci ratio. The drawn trend...
There are two scenarios for Ethereum, of which both are descending! In the first scenario, which is shown in the 240-minute chart, the uptrend from $ 910.82 to $ 1763 is in 3 waves format, and it is likely that we encounter the Expanded Flat pattern. In this case, with the price crossing the range of $ 1271, we should expect a downtrend below $ 1000, up to the...
There can be many scenarios for gold One scenario is that the first downtrend has ended in the 240-minute chart and the corrective movement of the price can be in the range of $ 1892, and in continuation the downtrend can be expanded for the range of $ 1645. On the daily chart, we are expecting the downtrend up to the range of $ 1645. ( Daily Chart )
As you can see in the daily chart, we are waiting for the descending trend up to the range of 1.2039. In the 240-minute chart, wave iii from sub-waves of (iii) has ended in the range of 1.2588, and its correction has ended in the range of 1.2882, the price currently is in the last wave of the downtrend, in wave (iii).
Let us first point out that the price is forming a Triangular pattern in the weekly chart. The price is currently in wave D of this pattern. (Daily Chart) In the daily chart, the first uptrend (wave A) has ended in the range of 111.68 and the price with the Diagonal pattern has completed the corrective phase of this uptrend in the range of 102.59. By crossing the...
In the 240-minute chart, the structure of all waves is in triple format, which indicates the end of the existed trend. Previously, there was the possibility, that the Diagonal pattern completing in the range of 1.3736, but with price retracement and the created uptrend, it is possible, this pattern at wave C from point iii forming a Diagonal pattern. According to...
The wave b has ended in the range of 1.23492 and the first 5 descending waves have ended in the range of 1.1952, there is the possibility that the price enters to the corrective uptrend phase, which can be extended up to the targets of 1.21 to 1.2195. In my opinion, the 1.2267 range is a very important range, and by the price crossing this range, the probability...