Although 15 April was a bearish day, and the daily price action continues to give us lower lows, I think the possibility of a leading diagonal is now less likely. 5213.25 is now key resistance, and I anticipate that resistance to hold and at least one more daily lower low before a bottom is found.
Bull count in green has wave 4 complete with a double-three, bulls need to hold 5150 and break above 5243.50. Bear count has leading diagonal 1 in progress, needs 51550 support to break and 5243.50 resistance to hold.
My bearish count has SPX topping out today somewhere below 5186.69, with one more daily lower-low (this week) to complete a contracting leading diagonal (1).
BINANCE:KLAYUSDT Hello Traders 📈KLAY 30min📈 ⚡️Quick Long position with a mid-risk status.⚡️ TP 1-2-3 and SL 1-2 are on the chart. I prefer SL2 and TP1 ---> then risk-free ---> wait for TP2. ⚠️Don't forget to risk-free your positions.⚠️
Aspen is consolidating in a symmetrical triangle, it has good support in the triangle and the median line of Pitchfork. On the weekly perspective we are in time for a half cycle correction hence I expect the price to resolve upwards. The stop-loss is R185.41
Expanding diag followed by a possible flat. If that plays out, I'd at least want to see the 1.13$ low revisited, preferably deeper though towards 1.05$ or even into the lower 0.90s. Zoomed out:
OKX:TONUSDT BINANCE:TONUSDT.P Hello traders. 🔵TONCOIN is my Second suggestion for the altcoin market.🔵 As you can see, the price has broken its long-term triangle structure. As long as the price rally is ongoing outside the pitchfork structure, the $5.7 and $7 targets are active.🎯 Considering the previous price rally, there is a possibility of a price...
TVC:DXY FXOPEN:DXY Hello dear traders. ⚡️ In this post I will track the DXY movements from 12 Apr - 18 Apr. 📈 What to Expect? 💡As long as DXY is above the midline of the pitchfork structure, the bullish scenario is quite valid. The bullish scenario targets are on the price chart. ⚠️Important Note⚠️: The price movement has been drawn a little...
The correlation with bitcoin before the halving is significant in my opinion and so while this descending triangle seems convincing the elliott wave count would say otherwise if correct!!!
It's funny, I haven't been trading crypto for over a year now but see that my old trend lines are still holding fast.
BINANCE:BTCUSDT COINBASE:BTCUSD Hello Traders. In this setup, our goal is to enter a buy or sell position based on price movements next to the middle line of the Bollinger band and pitchfork.✍ The price reacted negatively when it first touched this line and is now trying to stabilize above the middle line of the pitchfork.✍ The stabilization of the...
BINANCE:DYDXUSDT KRAKEN:DYDXUSD Hello traders. I believe in DYDX, why? Because of this alt-season (before or after halving), DEX (decentralized exchanges) are going to be under more attention. The price has reached an important level and now there is a possibility that the price will return to the support zone. After the price reaches the specified...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. As long as Bitcoin is above Bollinger midline, it will continue its upward path until returning to $75K. The bullish scenario will be canceled when Price returns below the Bollinger midline and stabilizes there.
OKX:CSPRUSDT KUCOIN:CSPRUSDT Hello traders. CASPERUSDT is my third suggestion for the altcoin market. As you can see, the price has consolidated inside a long-term pitch-fork structure.📈 There are two scenarios ahead of the price rally. The first scenario is simultaneously associated with a deep price correction and then its rapid return.📝 In the...
crab harmonic pattern: X=$298 A=$0.009 AB=0.61 XA BC=0.38 AB 0.78 BC=$3.32 0.88 BC=$4.25 1.6 BC=$25.7 0.78 XA=$32.24 2 BC=$65.66 0.88 XA=$91.2 2.24 BC=$118.4 2.6 BC=$300 1.13 XA=$1153 3.6 BC=$3495 1.27 XA=$5046 4.23 BC=$15950 1.41 XA=$21190 1.6 XA=$184227
TVC:USOIL Cycle overview Daily - we are currently entering timing window to print Daily Cycle 2 coming out of ICL in December. I'm expecting a push higher to break above the declining trendline as we push higher to ICH Weekly - On week 15 looking to push higher to HCH expected around week 18-20 Monthly - In a new yearly cycle, expecting HCH around...
BINANCE:ETHUSDT COINBASE:ETHUSD Hello Traders, As long as Ethereum is above $3,587, it will continue its upward path until returning to $4,000. The bullish scenario will be canceled when Ethereum returns below the $3,587 level and stabilizes below the VAL zone.
BINANCE:FETUSDT COINBASE:FETUSD Hello traders. Fetch AI is my Second suggestion for the altcoin market. As you can see, the price has broken its long-term pitch-fork structure. As long as the price rally is ongoing outside the pitchfork, the $6.4 and $9 targets are active.🎯 Considering the previous price rally, there is a possibility of a price...