The first uptrend, which started in level of 0.3031, ended in the range of 9.82, in continuation the price entered the corrective phase of this uptrend, which is a simple 3-wave pattern that ended in the range of 1.99.12. This corrective movement has been completed in the range of 0.786 Fibonacci ratio. Then, with the breaking of the downtrend line, we can be...
In the daily chart, as shown in the image, the first wave from 5 ascending waves has been completed in the range of 2125 Satoshi, and with a simple pattern -the corrective movement has been finished in the range of 392. According to this analysis, by crossing the price above 990, we should expect a price rise up to the range of 1593 (targes of the pattern) As the...
A chart Peter Schiff does not want you to see. Bitcoin is no doubt David in the fight against safe haven goliath gold. Bitcoins market cap is growing at an incredible rate, and I imagine as seen in this chart there have been a lot of selling into BTC. Let's now view it below with a gold cryptocurrency.
In this macroanalysis, we see that Pound still bullish against the U.S. Dollar and then, the inflation of the U.S. Dollar it's another siganl that FED ccontinue unstable the U.S. policy market. That it's a big warning to invest in United States, as the correlation on Bitcoin it's the same of Great Britain Pound that continue bullish. So, we are in the bearish...
The 2 / B wave has ended in the range of 0.1140 and the price was able to reach the range of 0.7900 with 5 ascending waves. Under the influence of market news for this currency, the price pushed down to the range of 0.1700. (Completed the 2nd Wave) Currently, by having the price hitting the channel line, there is a scenario that wave 2 is over and wave 3 has been...
In the daily chart and by price crossing the trend line, the uptrend is confirmed. In the 240-minute chart, according to the wave count, the price is in sub-waves of the 3rd wave from “ i “ point , which can be extended up to the range of $ 1967.
The structure of the wave is in the form of three waves, and there is a scenario that we encounter the Diagonal pattern. Probably the 5th wave is shortened. By crossing the price from the range of 1.3539, we are waiting for a downtrend in the 2 / A wave.
There is the possibility that, the Diagonal Pattern in 5th wave from point 1 has been completed in this price level, and in case if the price crosses the range of 1.2214, we will wait for the price decrease.
EJ has formed an inverted Head and Shoulders pattern on the daily chart. And while price was doing so it was accompanied by 2 large impulse candles. I am looking for a retest of the neckline which happens to be a 50% retracement. When the time is right a bullish reversal pattern on the 4 hr chart may signify an entry!!
Hy Dear Members hope you all are Enjoying our ideas and Analysis. Now we are here to discuss about XAUUSD. XAUUSD is Moving According our Analysis from last few days. Now this is bouncing back from this strong Support level here it has maximum Chances that it can go up to the Price level 1950. This is possible only when it will break this channel main Resistance...
In the 240-minute chart, the Diagonal pattern is formed in the V wave, to get the confirmation for the downtrend as well as this pattern, the price needs to cross the range of 29722. The initial target of this downtrend is around 28900 area, (according to the Diagonal pattern target)
In the weekly chart, there are two important ranges. The first range is $ 497.10, by crossing this range, we can be hopeful for an uptrend formation for the targets of $ 2,200 to $ 3,000. Also, if the price crosses the range of $ 231.07, it may encounter the Triangle pattern, in which a long corrective movement is predictable and then we expect a descending...
As you know, the price level of 1.3132 is a very important range, and if our price crosses this range, our scenario will be changed. According to the wave count in the 240-minute chart, wave iv has ended in the range of 1.3132 and the uptrend has started in wave V, which its targets can be in the range of 1.3900, the wave count has shown in the 60-minute chart.
With the price crossing the range of 1.2166, the uptrend has been confirmed, the price is currently in the 5th wave from the 3rd point. After the completion of this trend, the corrective movement process begins in the 4th wave. The midline of the drawn channel is very important to us and we can go long while encountering this midline
A: As shown in the picture, wave IV has ended in the range of $ 1764, and the price is rising in the V wave. From the sub-waves of this uptrend, wave ii has ended in the range of $ 1818, also by the price crossing the range of $ 1855, we are waiting for the price increase for the target of $ 2200. The first ascending wave from V point, is likely ending in the...
From the Bitcoin family, Litecoin is a digital asset token of the Litecoin network that can surprise everyone. My only complaint is that I own the least of this token. In the weekly chart, and according to the wave counting, the price is in the 5th wave of the uptrend, according to the Fibonacci ratio in wave 5, this uptrend can be extended up to the target of $...