TOTAL 3 New Update (1D)As you know, capital first flows into Bitcoin, then into Ethereum, and afterward into other altcoins. This index serves as a good indicator to understand when altcoins, apart from Ethereum, will turn bullish.
It seems that one more corrective wave remains in this index, which could complete within one of the green zones. After that, we expect to see another bullish wave.
The targets are marked on the chart.
A daily candle close below the invalidation level will nullify this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Neo Wave
ADA Buy/Long Setup (1D)Cardano, in our view, is currently within a major bullish structure, with wave D having just completed.
It now appears that the price is inside bullish wave E.
We have identified two specific entry levels for re-entering Cardano. At each entry level, you can take one step into a buy position.
The target is around \$1.20.
Please note that this analysis is based on the daily timeframe, so it may take some time to play out.
The invalidation level is the same as our stop loss. If this level is reached, the setup will be invalidated.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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SANTOS ANALYSIS (1D)Football-related tokens in the crypto market have been quiet for a while and seem to be dormant. One of the tokens that shows good inflow during its moves is SANTOS.
SANTOS appears to be forming a symmetrical triangle and is currently at the end of wave E. While there are multiple wave count scenarios for this token, it is sitting on a strong support zone.
As long as it holds the green zone, it has the potential to move toward the targets.
However, a daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NIL Looks Bearish (12H)Based on the signals we see on the chart, it seems that NIL has entered another bearish wave.
According to the chart, this symbol appears to be within a diametric pattern and has just entered wave E, which itself is a bearish wave.
If the price makes a pullback to the red zone, it would present a good opportunity for sell/short positions.
This outlook would only be invalidated if a daily candle closes above the invalidation level.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SQD Analysis (1D)First of all, pay attention to the timeframe | this is the daily timeframe.
For sell/short positions in higher timeframes and in a swing style, entries should only be taken within the red zone. However, for scalp short positions, you may enter after confirmation, but you must manage your expectations regarding scalp trades.
On the chart, it seems that wave C has completed and the price has entered wave D. Within the green support zone, wave D may still be incomplete, and the price could enter a corrective phase of wave D, which in this case means an upward move.
The targets are marked on the chart. A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AVAX Analysis (1D)From the point where we placed the red arrow on the chart, it seems a correction has begun.
This correction appears to be a Diametric pattern, and wave E does not seem to be complete yet. It's expected that wave E will finish within the green zone.
The target could be the red box area.
A daily candle closing below the invalidation level would invalidate this analysis.
invalidation level: 10.90$
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AVAX Analysis (3D)This analysis is an update of the analysis you see in the "Related publications" section
Before anything else, pay attention to the timeframe: it’s the 3-day timeframe.
The structure that AVAX is following is a large diametric, where wave F of this diametric is expected to end within the red-marked zone. After that, the price is anticipated to enter the bearish G wave.
Wave G could extend down to the main order block, which is the green-marked zone.
For both the bearish and bullish scenarios, the invalidation levels are marked on the chart. A daily candle closing above or below these levels will invalidate the respective outlook.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
USDT DOMINANCE Update (12H)First of all, pay attention to the timeframe | it’s the 12-hour chart, which is a relatively large timeframe.
It seems that a bearish structure has completed, which was a diametric pattern. This structure was for wave B. After the completion of this pattern, we expect a wave C of the same degree as waves A and B to form.
Be cautious with your buy/long positions, especially in altcoins, since after a short period of confirming the completion of the bearish pattern, the candles might move sharply to the upside.
If the candles can hold and consolidate above the flip zone, this growth will continue.
Let’s wait and see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOGECOIN Looks Bearish (1D)It seems that Dogecoin is preparing for another decline. A bearish trendline has formed, and the candles are moving below this trendline.
Based on the ABC structure, it appears that Dogecoin is pulling back into the red zone to gather more sell orders for a deeper drop.
It is expected that upon touching the red box, the price will move toward lower levels.
The targets are marked on the chart.
A daily candle close above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
New Highs Ahead ? - BTCUSD Elliott Wave AnalysisHello Friends, Welcome to RK_Chaarts,
Today we are having Elliott wave theory counts on BTCUSD Bitcoin Chart Analysis
The weekly timeframe of the BTCUSD bitcoin chart reveals that we are unfolding Super Cycle Degree Wave (III) in Blue. This wave's sub-divisions, which should total five for a Cycle Degree, are visible. We've completed Waves I & II and begun unfolding Wave III in red.
Within Wave III, we are unfolding the 1st wave ((1)) of one lower degree as Primary (Black). This wave will unfold in five sub-divisions of one more lower degree as Intermediate degree in (Blue).
Daily Outlook:
On the daily outlook, we are currently unfolding wave (4) of Intermediate degree (Blue), a subdivision of wave ((1)) of Primary degree (Black). As wave (4) nears completion, a reversal is expected soon, driving prices toward new highs to complete wave (5) of ((1)).
Additional Support Confirmation:
Further reinforcing the analysis, the Anchored VWAP's Average is also showing support near 104,000. This confluence of support levels increases the likelihood of a reversal, making it an important level to watch for traders.
Key Takeaways:
- We're unfolding Cycle Degree Wave III on the weekly timeframe.
- Wave (4) of Intermediate degree is nearing completion on the daily outlook.
- A reversal is expected soon, driving prices toward new highs.
- Anchored VWAP also showing Support nearby current price.
Important Wave Theory Considerations:
As per wave theory, wave (4) shouldn't overlap wave (1), except in the case of diagonals and triangles. In this scenario, we are unfolding a diagonal, allowing wave (4) to enter into wave (1). However, it's crucial to note that wave (4) should not go beyond the low of wave (2) under any circumstances. If it does, our wave counts would be invalidated.
A Word of Caution:
Elliott Wave Theory and possible wave counts suggest that the price will make new highs on the chart soon. However, the market is inherently unpredictable and always ready to surprise. Therefore, it's essential to consider "what-if" scenarios in your trading journey.
Are we ready for new highs ?
As we navigate the complexities of the market, it's vital to remain adaptable and prepared for any eventuality. By acknowledging the potential for surprises and maintaining a flexible mindset, traders can better navigate the markets and make informed decisions.
Conclusion:
The BTCUSD bitcoin chart is poised for a reversal, driven by the completion of wave (4) and the subsequent unfolding of wave (5). While the analysis suggests new highs are on the horizon, it's essential to remain cautious and consider the unpredictability of the market. Are you prepared for the possibilities that lie ahead ?
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.






















