#NEO The price has been moving in a descending triangle since May 2023 price move in up waves Finally, the price reached the upper line of the channel, which is the main resistance line At 9.40 , which is the current price We expect to break the resistance line with targets First target 11.64 Second goal 14.20 Price breake the Moving Average 100 actuly and...
OANDA:BTCUSD I think Bitcoin completed wave 4 triangle pattern and now is in wave 5. Target: 1) First Target : 40241.7 2) Second Target : 41670.3
my last analysis of this coin has failed but I didnt change up my mind. so this is bow tie pattern and its ready to blow up soon! my first target is 27$ and the others are clear.
In ETH, the Macro structure (if you can look at the chart more remotely) shows the most potential time limit as 113-117 weeks. At the same time, in the microstructure (close perspective), the same duration of waves A and C (since wave B is temporally much longer than A) would correspond to 113-117 weeks in the macrostructure. (These time relationships are...
OANDA:BTCUSD Bitcoin is in the final stages of completing wave 4 within a triangle pattern. To confirm the completion of the triangle and the resumption of the trend, the price needs to surpass wave D, which is at 37785. Once the price goes above this level, it will provide confirmation, and I will share my updated view, including the target for the next move.
Now its recognizable pattern for me just a little time and price correction and it will start to grow. My stop loss is wave E.
Nifty 50 seems to be forming a diametric pattern which is targeting 20708. Currently wave (e) is being completed and after that we have to wait for a decrease of almost 2% in the form of wave f and the upward trend of Nifty 50 will start again.
there is a scenario for triangle and it has 22% stop loss! but is has a good risk to reward for first target, there are some other scenarios for this and maybe its a little risky!
from the last two ways of btc I considered that the wave 5 is not finished yet and after a little more correction bitcoin should start a strong bullish wave. USDT dominance is also like this pattern(flat)but it is reverse,I try to keep it updated.
There is many targets and possiblities for wave G but for now I will target 96k....it can grow for 200k but it takes long time Waiting is the best choice to it shows the structure of wave G.
The second scenario is the wave 5 of C wave is on the way and we should wait for it But I would rather buying bitcoin step by step My stop loss is 23 for both scenarios.
There is 2 bullish scenarios for bitcoin! First is there is a flat corrective pattern and this C wave is finished and it has just started to grow!
According to the above labeling, this currency pair is on the verge of falling in the form of hypothetical wave C or 3. If the wave structure of wave B is recognized correctly, you can expect a fall. This is just an analysis and idea of future price movement..
Similar patterns on most of the charts, attention wave E could become incomplete.
This is all of the E wave on daily TF but I am suspicious about the last branch , in the first sight it is triangle but it could be another patterns.the confirmation is breaking down the black line as I drew.
The second way that I think is this triangle and it is easier for trade and investing so use your strategy , but I think ETH is better for investing.
I think this complicated correction has 2 ways to show itself, first is bow tie correction and the second is triangle but actually I prefer ETH for holding.
last analysis failed so I updated that. this diametric should finish soon and I think there is no more descending action because it has taken enough time and doge must go for a higher high on monthly TF.