It looks like we have an ABC or more complex pattern on the chart that has completed wave A and B. Wave B was a triangle whose micro waves have ended. It seems that we have now entered a bullish wave C. We marked the targets on the chart. Closing a daily candle below the invalidation level will violate the analysis
It seems to have finished the big wave B and is now inside the bullish wave C. The B wave structure is a double correction that is over. If it hits the green range, it is a buying opportunity. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the...
It is expected that the downtrend will end in the current support range and a reversal will be formed. Then it will be possible to climb up to the indicated resistance levels
Considering that the price has decreased near the 61.8% level of momentum, it is expected that a trend change will take place and we will see the beginning of the correction process. Then the movement process will continue according to the specified routes. Crossing the 61.8% level will continue the upward trend
According to the behavior of the price in the current support range, possible scenarios have been identified. As long as the price is below the resistance trend line, the continuation of the corrective and downward trend is possible Consolidation above the green resistance range will invalidate the above scenario
Considering the price meeting the 78.6% level, it is expected that a trend change will take place and we will witness the beginning of the corrective process. Then, according to the behavior of the price in the support ranges, it is expected that the upward trend will continue
According to the behavior of the price in the current resistance range, possible scenarios have been identified. A continuation of the downward trend is expected to form and the price will make a new floor.
From where we entered START on the chart, it seems that KAVA has started a triangle and is now completing the final wave of the triangle. It seems that the last wave of the triangle will be completed soon and we will see the KAVA pump. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss...
We expect to see the continuation of the upward trend according to the specified paths. If the price crosses the support trend line, the continuation of the corrective trend will be formed
Considering that the price is placed between two resistance and support ranges, it is expected to witness some fluctuation and correction. Then the continuation of the upward trend is more likely
If the current corrective trend does not cross the 78.6% level, the continuation of the upward trend will be likely, which requires stabilization above the resistance range. After crossing the level of 78.6%, the downward trend will probably continue
Considering the price reaction in the resistance range, it is expected that a corrective trend will form and go up to the specified Fibonacci levels. Then, according to the behavior of the price at these levels, the continuation of the movement process will be according to the specified paths
Due to the breaking of the trend line and the resistance range, the continuation of the upward trend is possible and it will be possible up to the specified resistance levels. Consolidation above the current support range will pave the way for the continuation of the uptrend
It seems that the large diametric has finished. Now it has entered a valuable wave. It can move towards the TPs while maintaining the green range. Closing a daily candle below the invalidation level will violate the 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...
Greetings, fellow investors! In this technical analysis, we explore the Elliott Wave patterns shaping the landscape of GitLab (NASDAQ: GITLAB). As of the current evaluation, the stock is positioned at a critical juncture, poised for the completion of wave 4, with a nuanced focus on the unfolding wave ((c)). Wave 4 Overview: Having traversed through waves 1, 2,...
Before anything, pay attention to the time frame, the time frame is big and time consuming. Also note that this is a low volume and almost risky currency. With the wave counter we had on AMB, we noticed that AMB is finishing the big C wave of a triangle or diametric/symmetrical. By maintaining the green range, it can move towards supply. The targets are listed...
ANKR appears to be inside a large symmetry. Now it looks like we are in the middle of a bullish H wave of this symmetry. Because of the breadth of this symmetric pattern, we only discuss the H wave. While maintaining the green range, it can move towards the red box. Closing the daily candle below the invalidation level violates the analysis. For risk...
This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section The diametric analysis of the previous analysis is still valid with one difference that the e wave is extended Wave E appears to be an ascending zigzag. It can continue to climb by maintaining the green lines. Closing a daily candle below the...