If historical patterns serve as a guide, we consistently observe the formation of a rounding bottom pattern on BTC preceding each bull run. Presently, it appears we are on the brink of significant BTC movements this year. Notably, a critical support level indicated on the chart stands at 59k, extrapolated from historical data. The target for the rounding...
Shiba Inu will definitely go higher later this year. Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249. It's always important to do an Elliott Wave technical analysis for such pumps to stay in full picture. We need to see the full market...
Looks Bullish to me Entry= $ 0.025 - $0.027 Target= $ 0.063 (+130%) Stop Loss= $ 0.018
2024-03-17 On St. Patrick’s day this pair looks greener once again after the Bitcoin mood turned negative this weekend and erased about a third of WIF’s gains in prior weeks. Since trading began in December, the pair experienced an Elliott triangle correction into the last week of February, when it finally took off in a clearly structured impulse wave that took it...
FX:XAUUSD continues to form correction. Price has been breaking through support since the open and is testing the key liquidity area formed on Dec. 4 $2,145 - $2,150 Overall, the price is not ready to go above the made high. Yes, there was an earlier breakout of the resistance level from December 2023, but there seems to be pressure from the resistance side...
BTCUSDT appears to be forming what could potentially be wave i of wave 3, according to Elliott Wave theory. If this interpretation holds true, it suggests significant bullish momentum ahead. However, it's essential to approach trading with caution and proper risk management strategies. Personally, I'll consider adding to my position if wave ii of 3 materializes,...
USDJPY: What's Next? 400 points as expected from the old analysis In this video, I shared with you my opinion on USDJPY. Tomorrow we have the BOJ's decision on interest rates which will create price volatility in the market. So let's get ready You can watch the video for further details! Thank you and Good Luck! ❤️PS: Please support with a like or comment if...
In my opinion, today seems to be Bitcoin's last bullish day. Likely, tonight or tomorrow, we might witness a small FOMO wave leading to the range of $73,000 to $74,000 ( Area $3.80~$3.75 USDT.D) I suggest you read the previous 3 analyzes. I would be happy if you share your opinion with me. Give me energy by liking and following me.
The plan is detailed enough, our goal is to ride the next wave of BINANCE:BOMEUSDT pump. Set your buy limit orders accordingly. Follow me and support my ideas for more trade updates. Let me your thoughts in the comment box. Cheers!
OANDA:GBPJPY has been forming a bullish trend for 4 years. This trend may continue its growth as the national currency of Japan is not going to strengthen. On W1 we see a clear trend within the global range. The target in the medium and long term could be 195.844. On H1 there is a beautiful price channel and flat. Within the flat price is trading between...
Hello traders, I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck Wish you many pips PS: Thank you very much that you support me with your likes and Comments If you have another analysis at this pair,...
ICP looks very strong from a technical perspective. We can see that we have started this whole uptrend with an impulse wave 12345, which is very good to see if you are an Elliott Wave trader. We are now in a corrective phase, and usually we want to see a liquidity sweep below the previous wave (4). In this case, below 8.5 USDT - that would be a great level to buy...
GOLD at a Crossroads From the last update on gold, the price tested the 2144.90 price zone which was also our strongest support area. As we can see the pattern was completely transformed. This is happening for two reasons. Firstly the price is still manipulated and Secondly, it is waiting for FOMC on WEDNESDAY, MARCH 20. The current pattern can push the price...
Elliott 5 on a big time frame has completed in this zone of 203 USD. Now it need an abc correction which can extend until the lower support line 130 USD. The Elliott have been identified using D wave system but have not been marked on chart. This is not financial advice. Make your own research before making any decision.
QS QS About To Rise Again- Complex Pattern From our previous analysis, the price reached the first target again and it is still in the same position. The pattern is very complex again for Quantum Scape Corporation. This is offering another trading opportunity. The lowest low was created at 5.11 and the price tested this zone for the second time. The price...
Crypto corrections are crazy, they are very quick and dip. BTC might fall for one more move if not we can see aggressive rise of minor degree 3rd wave above the channel. what is your anticipation?
**Monthly Chart** USDJPY broke the high of August 1998 and moved higher in Oct 2022 which created a new swing high at around 150 level before drifting lower. This created a new strong level since then and the price was unable to break above it. Additionally, the price created a new MC in Nov 2023 and the price moved towards it and currently testing it. ...
➡️As I said in my last post, if we want to make a correction at the daily level, then we need a larger period short structure as a supporting force. 🧠From a wave theory perspective, it appears that we have completed Wave 5. ➡️From a structural point of view, our short target has not been fully realized, that is, it has not reached the buying zone that I am...