According to Elliott's analysis, there is a final upward wave remaining, and thus there will be three historical corrective upward waves, A, B and C, from which the drain begins to fall again near its historical bottom. Let us see
Finally the stock is moving in to higher territory. In August we expected the stock to move up . But that move failed. Now the stock is taken out the Price Rejection Zone with Volume support. Other key parameters like Relative Strength, Money Flow, Buying Pressure all supporting the move. The minor, medium and long term trends are all up. The stock looks good to go.
After facing Rejection around 280 levels, the stock retreated to below 50 DMA levels. After taking support from a previous Support Zone, the stock started to recover. Now the stock is attempting to take out the previous Price rejection Zone. The up move is supported by a positive Relative Strength, Volume and Money Flow. The Buying pressure is also positive. A...
As anticipated in my last post the stock moved up. Up by 10% now. Negotiating another supply area now. All favorable conditions remain the same. Above 750 the stock will move up much further.
A stock to watch. In the month of July when we encountered a BC bar, We did expect that the stock will face supply and struggle to move up. The stock did face lot of supply within the "Shadow of the BC bar". After getting pushed below the 50 DMA the stock was on the recovery move. Finally it is attempting to move past the shadow of the "BC" bar. Relative...
It is possible that there will be a strong downward wave remaining once again Note: The analysis fails if it closes over an area 0.0000155 usdt
CDSl – at ATH The stock has now crossed the previous High made almost two years back and at all-time high. But We did catch the current up move very early at 1117 levels in late June. Refer my post of 29th June. All parameters like Relative strength, Absolute strength, Buying Pressure, Continuous Volume support all indicate further upside. Even high delivery...
The price fell from the historical peak in the form of three bearish waves, and this gives us that the decline may have ended, but it appeared after that that the price was going sideways for a long time, and this gives us another and stronger possibility that the price is working a large side wave, draining a willingness to descend in a third, final big...
The stock after facing a “BC” bar retraced to the sub 50 DMA levels. Then recovered and moving past the supply shadow of the “BC Bar and making a new high. The relative and absolute strength are positive. There is also Money coming into the stock. The delivery volumes are high indicating committed buying. The poised to go higher.
Aggressive trend trade 2R - short impulse + biggest volume T1 + divergence + biggest volume 2Sp + weak test + first bullish bar closed volume Calculated affordable stop 1 to 2 take profit Daily chart context + long impulse + 1/2 fib correction
Watch the video version to see how this was generated ... your mileage may vary !!! . . . . . . . . . Key Statistics and Technicals: - Bitcoin Price: $34,474.71 (A drop of $516.32 or -1.48% for the day) - Day's Range: $34,347.89 - $34,997.81 - 52 Week Range: $15,479.25 - $60,324.21 - Volume: 94 - Average Volume (10 days): 370 - Market Cap: $673.041B - FD...
It is clear that it is walking in a transverse direction for a long period, and this transverse direction came after a large discharge, and this indicates that the transverse direction is also for discharge and not for aggregation, and another severe decline is expected for it to end its downward cycle
It is possible that we are in a downward wave 4, and it has been moving horizontally for a long time, and all of this is a drain for the next drop in the shaded area. Note.. The scenario fails if it closes higher than the area 9.7 usdt
There is nothing new in my previous analysis and my point of view is from Dec 22, 2022 and the same negative view remains for me that this currency is heading to the shaded area below.. Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of...
Five downward waves, wave A, were created, then three corrective waves, wave B. We are waiting for another five downward waves, wave C, and thus the historical decline of the currency ends.
It is expected to drop to the first shaded area, from which we will see whether it is satisfied or wants to fall to the second shaded area as a second support
It made a large downward wave A, then made three occasional waves B, and began to show signs of weakness, and then another five large downward waves, C, began to fall.
The Stock is moving up after taking support from the 200 DMA. Now going past all the short term Moving averages. Relative strength. Absolute Strength and Money Flow all Positive. Good volume support coming in as well. The stock seems gearing up for move and Test 1450 levels.