Looks like Coinbase put in a head and shoulders. These are the highs for the past year and a half. The calculated lower target is the bottom of the second yellow arrow which, if it bounces there, would create a parallel channel along with the upsloping orange line (My chart has the corresponding lower orange line as well in anticipation of this bounce. Not sure if...
ICP looks really strong; the uptrend just started, and I am expecting another 300% pump in the immediate short term. We can see that the price is moving in this ascending bullish parallel channel, and we have a lot of space for growth. From the Elliott Wave perspective, wave 3 is in progress, and wave 3 is usually the strongest wave. You do not want to miss this...
595 days of accumulation will be the start of an impressive trend. Given the price fluctuations within accumulation channel - buying now looks reasonable as the potential profit exceeds the potential loss in the short/medium term.
This is a TSLA forecast model based off of historic price action and a mix of confluence. *Still in the workings.
The analysis captures price action strength in sellers and buyers highlighted in green and red. By doing so, this allows me to get an idea where price is likely headed and at the same time using parallel trendlines to help the target areas ($1,150/$2,250), and pullbacks.
Bitcoin has finally achieved ETF listing. This should be considered a historic turning point. However, the market's response has been lackluster. What is happening? Technically, we have descended through eight gray channels and retraced back up four. Although whether this indicates a key level for trend reversal is not yet clear, the harmonic pattern...
BTC may have opened a new channel. If it can continue in this channel and BTC.D falls, there are many rockets waiting to fly in altcoins. Or I could be too optimistic for the market. What do you think?
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Introduction: In this revised analysis of the DXY, we explore a multi-layered Elliott Wave structure comprising three main waves – blue, orange, and red – and examine their interactions within different corrective channels. This analysis also considers historical economic events and current global shifts to project potential future movements of the DXY. Wave...
BTC has been ranging within an ascending channel since mid-October of 2023 and is currently testing the lower trendline of the channel. If the trendline holds, we can expect a bullish move back towards 49k. If the trendline fails, BTC will likely retest the 41k - 40k support area. Keep in mind that recent ETF approvals have created additional uncertainty in the...
Price moving in ascending channel and respecting trendline, good buy opportunity! Happy trading. EP: 1.63715 SL: 1.63221 TP1: 1.64209
Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a not long time ago started to trades in an upward channel, where it at once rebounded from the resistance line and declined to the support line, breaking the 43200 support level, which coincided with the support zone. After this, the price tried to...
Intuitive level ⚡ Used vision Technicals 6 senses And maths. Let's see how this plays out. Will be posting after, win or lose.
BTCUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH. What you guys think of this idea?
FX:GBPUSD continues to form consolidation in the ascending triangle format. Bulls are gaining strength and trying to break through the resistance zone 1.2780 - 1.2800. The currency pair is in a global uptrend and according to a number of prerequisites this direction may continue. If we pay attention to the TVC:DXY , we can see that the index does not react...
After a strong bearish impulse, EURCHF was consolidating for 2 weeks within a narrow range on a daily. Yesterday's CPI report triggered a bullish reaction on the pair. It managed to violate the upper boundary of the range. I think that the market may start a correctional movement now. Closest resistance - 0.94 ❤️Please, support my work with like, thank you!❤️
Central Bank Meetings: Bank of England Monetary Policy Committee (MPC): This takes center stage on Wednesday, January 10th. A 50 basis point (bps) rate hike is widely anticipated, but the market will be looking for any hints about the future trajectory of rates. A more aggressive tightening path could strengthen the pound against the dollar. Economic Data:...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.