Over the past 24 hours, there has been a notable 20% increase in USD value, as well as increase in BTC value. Both of trends are obviously bullish.
This gives Waves a significant edge over the competition at this time, although other markets may show similar momentum moving forward.
Although the current movement is bullish, it can take time for the price ...
Waves has done great in the past few days, increasing over 50% in value. Is there room left for growth?
Today we are likely to go as high as EMA100 (blue) line max and retrace from there. Depending on how the retrace goes, there is still plenty of room left available for growth.
If you look at the weekly chart, this looks like just the beginning... ...
High rish high reward setup in play for WAVES at the moment. Having recently had an 80% rally we can see that a correction is ongoing, i'm looking for entry zones where I would enter a long position, if I see a reversal sign in the zone. The stop line on the chart could be raised to the ascending 0.236 fibonacci line (in blue) if WAVES breaks above the resistance ...
Hi everyone, Waves looks now that downtrend not end yet here, we are in falling wedge and maybe go for double bottom around 24000sat-25000sat, this is buy range for me. if we come here. Stochastic looks not good here. Is possible that we break falling wedge sooner, so after that this trade is not active for me. I am waiting for 25000sat. Then I am opening long on ...
Hello dear fellow analysts.
I tried to make a self explanatory chart but i'll highlight few important things:
1) well, obviously we are in a huge down-trending channel (Red).
2) we are waving inside this channel and we already completed wave 1, 2 and 3.
3) by the formation of these waves we can assume we have a Wolfe Wave pattern emerging. which is a very good ...
WAVES over the past several days have been pumping, with yesterday's momentum seeing close to 60% netted before a reversal. Does this look like a dump is incoming or continued bullish momentum following a cooling off period?
What do the charts show us?
On the daily higher time frame, it appears that over the next several days the 15,55&90 MA will be ...
. WAVES/ETHEREUM is in a range bound and the resumption of the uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. There is a possibility of temporary retracement to suggested support zone (0.009121 to 0.007944). if so, traders can set orders based on Price ...
Hi there. Changing pattern formation. Price is forming a continuation pattern for more upside. But on bigger time frame we still see the down move. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Hi! I hope everyone enjoyed their weekend!
We are looking at the EURAUD today, where we closed our short profit from earlier analysis (linked below) a little bit to early. The trend went a lot more deeper, but anyways we also passed a good long entry for now. We can see a nice divergence at the low and 2 levels of correction on the bear cycle, so we are waiting ...
Using the market geometry with pitchforks and combining the wave principles from the Elliot handbook I was able to forecast a possible scenario for the situation in the bitcoin space.
The largest pitchfork is a Schiff style, ranging from the '13 top to '15 low to 20k peek and puts a median line that interacts with the 3rd of the largest 3rd and the ...
Looks like a nice opportunity to long wave 5 of this particular wave set. Target 1 is a reverse retracement of wave 3 to a 0.618% target price.The second target is an extension of wave 1 ( 1.618% with a range also from the reverse qretracememnt of wave 3 ( 1.13% ).