If A=C 42800 is fib extension or end of wave (4) ~43860 is 38.2% of wave (3)
and know the correction wave is completely clear. the price is near to one of wave four cluster. according to my last bitcoin analysis i am waiting for bitcoin in a price cluster 44000-41000$ or if the correction become deeper I'm waiting for 35000$ or over 31000$. you can see my ex analysis about bitcoin and bitcoin price targets in my profile.
wave iv ended in ((a))((b))((c)) flat - balanced in time and size wave v unfolding violation of 1,2125/30 area and/or time delays in developing would invalidate the idea ALT: reconsider the abc hypothesis
momentum for now shows no signs of a change in the trend abc hipotesis loses strengh motive wave i-v hipotesis prevails - test at 1.2131 (fibpoint 0.382) - wave iv let see
motive wave down flat correction in wave IV target 1.2058 area FIB projection 1.618
This is unbelievable to me, but the charts do not lie to us I'm waiting for more signs. Wave 4 is a wave against the direction of the main trend. The important thing is that it should not be done in the opposite direction of the transaction process.
My idea, we are on micro wave 2 of main wave 4. SEE PRZ ON CHART!! GOOD LUCK.
Seems like a very good setup here.
EOS/USDT seems to complete Wave3. Wait for a sidewave or slight counter trend movement in the next week, but watch out if the price break the channel. EOS/BTC is very very bullish in the long run. I think Wave 5 will likely to be long as the market heat up. But as Elliot theory, Wave 5 need to be shorter than Wave 3. So let's set realistic TPs and see how things...
Hello everyone, XAUUSD fell into the 1720-1670 zone last week as outlined in the previous quarter (see linked ideas). This week's price action has seen gold enter the 1670s briefly before retracing back to current levels. We're expecting price to keep below the 1760 level and fall back into the marked zone. Over the course of the month, we could potentially...
#Bat pattern End of wave 4 best time HD+
Short Position is too close, when you find candle stick pattern or classic pattern, you can Press on TRIGGER. :) MY IDEA : still, WAVE 4 is running, so do not open long position for long term (wait for big correction). Good luck.
Please, visit my another posts to understand more about this chart. We are still on wave 4, So please do not open long position for long term. Pay attention to chart and get best targets for short position.
After we reached the target at 1740 and 1720 (1740 - 1680 area ) from my previus idea (attached here), I would say that a beautiful wave 4 made of an inside ABCDE ( 3 3 3 3 3 waves) strucure might be in competition (or already completed), in that mentioned area. But looking at the formation of this last leg down I would say that this could looks also as a wave 3...
The pump up to $48K still seems to be in range for the Extended Flat correction to be valid. Invalidation level is at $60K but technicals make a route to that level look impossible. Which do you think will come first, $60K or $21K?
Hello everyone, BTC reached the second extended target of 46.4k (please see linked ideas below). I mentioned a potential rise further into the 50k zone which is the third extended target of 56.6k. Although a potential third extension is another 10k move upwards, I wouldn't be surprised to see this level achieved without a decent retracement. There is the...