Bitcoin has been in a corrective pattern from the low of 17,500 on June 18th and is beginning to exhibit signs that it could either be a reverse expanding triangle or a WXYXZ pattern. Case for the triangle: Each side subdivides into a zig-zag C is 123.6 of A A and C made higher highs while B and soon D will be making higher lows 1H...
Eth has completed its harmonic pattern of AB=CD at the 850 - 900 region. The price immediately bounced from the level and is holding above it. According to the pattern, Eth has completed its downside and the bottom has been defined. A bullish reversal from here is insight. Trade your levels accordingly.
Bitcoin Elliott Wave count update Still into the 4th wave, WXY correction pattern. Also I think 4th wave will correct into 0.5 fib retracement of 3rd wave, somewhere at 34200 Changed a little bit things into Y wave. We have a Y wave formed by a zigzag pattern ABC, where B wave is a barrier triangle. (also this triangle can be a X wave if it is an y wave a...
The price is testing the 4h resistance on the triangle. The price had a breakout from the dynamic resistance and now the market is testing the 0.618 Fiboancci level. If you look on the left you can see that the price has a supply zone on 2 - 2.1 $ How to approach it? The price needs to create a clear breakout from that area. If the price is going to get momentum...
Hello ladies and lads, hope you are well. Tron apparently is at the end of D wave of ABCDE corrective structure. We should be cautious if we have long positions on this particular coin. On the other side, this could be wrong if we break through the trendline that is ahead of the price. In that case, the price should breakthrough C's Top to invalidate ABCDE...
The price is creating an ascending channel below the daily resistance of 0.005$. As you can see the daily area is very strong for the market, and the price got several rejections from that area. How to approach it? IF the price is going to have a breakout from that area, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple...
#BNB/USDT $BNB AB=CD pattern shows downtrend can be end around $100 🐻price is below middle line of weekly descending channel, but still the weekly candle is open. so close below middle line will drop price more to touch lower line around 2.618 fib level to complete ab=cd pattern. 🐮 if weekly candle going to close above middle line price can head up to break out...
Hi Traders, This idea presents Long opportunity for RUNE... which is quite solid project, and form quite different structure from other " S "-coins. :D In my opinion we are actually forming wave (v) of C or 3 down. so Im waiting for LONG signal on 4H RSI which is currently Konverging. My Buy zone will be area 5.2 to 3.8 USD. Sell zone is 6.5 to 7.5 USD....
Last time we discussed the RSI buy signal on the 2-day graph. This happened at $37 640. This signal has long-since been stopped out. What many fail to notice is how these RSI strategies don't hold some mystique truth that no one else knows about. The buy and short signals have an average win rate of 30-35%, meaning that most signals in fact do get stopped...
USDCAD has formed a double bottom pattern on its monthly chart. The price is trading a ABCDE corrective wave with possible targets TP1 1.36211
Hi My previous Elliot analysis is expired. In this situation, we are in wave fifth with ABC structure. We have ending diagonal. The Chanel of this structure is so clear. You can sell btc at 39000-39400 with tp around 33000-33400. Have good trade Yours
Here audjpy best signal show up side You trend and make profit
Trend continuation 30 time frame. after being in a bearish trend (the pole of the flag) moves into the bullish parallel channel. The current price is at the middle of the channel. Two possibilies are here; The bearish flag pattern will come into play and price will drop sharply if it breaks down the channel. However the breaking above will result in bullish...
Price forms a possible triangular structure Be sure to stick to Stop Lost, there is a risk and Reward 2
Be sure to stick to Stop Lost and Take Profit. This is an idea and not a bargain offer It has a triangle-like structure, but lower levels can also be imagined
Hello and welcome to this analysis on Mphasis. In the daily time frame its been in a sideways trend now for quite some time forming an Ichimoku P Wave. We can see each swing zone has a 3 leg structure testing the 2 trendlines. Currently it appears to be ending the 1st leg of the the last wave down (likely), a small bounce back from the current level and then the...
The price is testing the monthly resistance, a key level at 25$ the price got rejections in the past after a triple bottom on the 19.5$. The price got a rejection exactly on the 26$ where the market has a 4h resistance and dynamic daily resistance. On 4h Timeframe the price is trying to create a new higher high. How to approach? We are waiting for the breakout...