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Hello As we expected, this chart is making a Leading Diagonal for wave I cycle (like NEAR) but please consider that we are in corrective waves and what I say is just my ideas and we need more confirmations for FTM, NEAR or all others ones. For the next days we just need to sit relaxed and wait for theses confirmations. Do not decide emotionally even you get your...
Hello I selected this topic because there some rules in Elliott that completely is uniq. I do not discuss for this coin situation and analysis because all of you have your valuable analysis for this coin but I just want to ask you a simple question : This correction (as wave (II)) is finished and you think this pattern is enough for a major rally. Thanks
PEPE has touched major support at 0.00001101. It's expected to reach major resistance at 0.00001205 before potentially falling again.
See link below for previous analysis. Montauk is trading as forecasted. The bounce from 6120 to 10900 is for wave 4 but can still push higher. The bearish engulfing candle paints a gloomy picture though and could be the signal that the bear trend is resuming for wave 5. I maintain my bearish stance even if price does push higher above 10900.
This is my idea about CRYPTOCAP:BTC short term, please be cautious as we approach the halving date. I didn't enter in this trade, this is just an idea. * This is not FA and please DYOR.
hey guys here's what i am looking at on EU,with the dollar remaining strong i am expecting the EU to head to the downside, so i will be selling the Euro against the dollar.
The tokn has completed a cycle and started a correction already. Already broken the price channel of wave b, confirming it has ended. Now wave c is in place with target around 1.6
According to the previously presented analysis, after exiting the downward channel and pulling back to it, it grew by more than 55% to the specified range. After that, there was a three-wave correction up to the green box range. Currently, two behavioral scenarios can be considered to continue its path. 💎 First scenario: in case of the inability to penetrate and...
AG looks to be back testing break-out and approaching a potential support zone here
With perfectly finishing our light blue sequence inside our weekly (purple) turning area, I believe the downtrend is over, and we climb higher in the long run. However, I'm waiting for a pullback to enter a position, mapped out the trade for you. Will first TP at $232
Technical analysis of crude oil Daily resistance 78.4, support below 72.7 Four-hour resistance 76, support below 75-73.8 Crude oil operation suggestions: Crude oil fell first and then rose last week. The weekly line is in a wide range of fluctuations, and there is no strong unilateral trend. In the form of repeated tug-of-war between long and short positions, pay...
See link below for previous analysis. Anglo Platinum bulls could not sustain their bid above 58007 cps and the stock recently broke below this key level thereby invalidating the view that five wave down from 178433 cps are done. At this stage, i will give the market time to give more data before updating the wave count. Until then, I sit on my hands on Anglo Platinum.
Price has a strong resistance and won't let the price go higher. Good area for selling. Trade safe
Detailed Example: Ascending Triangle (Bullish Continuation Pattern) 1. Initial Movement: Strong upward price movement. 2. Pullback: The price reaches a peak and then pulls back, forming a support level higher than the previous low. 3. Consolidation Phase: The price oscillates between a rising trendline (higher lows) and a horizontal resistance line (consistent...
I have following newegg for quiet a few years now. Tehcnicly it is possible we have either bottomed, OR will bottom in the very near future. From an elliott wave perspective I have 2 scenarios, where scenario one assumes we have already bottomed in the consolidation zone down around 1 USD. (Even if we have not bottomed, we gonna get a bigger ABC-or WXY...