I think the wave 4 has got ended and the wave 5 is starting getting drawn. If BTC draws this pic, I will trade like in the image.
I think the consolidation is too clear, isn't it ? The closest zone is the marked support zone, do you know what that means ? It means we have liquidity baby ;) Keep it Simple! If you like it, don't forget to follow me :)
It can be seen how the resistance points are also liquidity points. It goes slowly but always ensures the manipulation! Keep it Simple! If you like it, don't forget to follow me :)
🧠Yesterday saw a strong rally and a break above the uptrend resistance line, which is a very bullish sign. Therefore, when the profit from the short orders we hold is sufficient, we will choose to reduce and close the positions.💰 ➡️From the perspective of wave theory, we have broken through the turning point, which means that wave 5 is over. ➡️So if there is a...
strategy: wave analysis. main trend: up main wave: 3 pair state: correction/retracement wave count: wave B (finishing) pattern: triangle (ABCDE) trade: wave C direction: short happy trading.
Hello, I have wulf finishing up a triple Elliot wave WXY correction. I think it is about to go into a 5 wave impulsive sequence here.
main trend up timeframe h4 wave 3 going up currently on a wave 4 correction end of wave B correction as a triangle trading wave C going short with 5 waves (motive wave or ending diagonal) have a happy week
As a regular flat, this looked pretty reasonable, and then we got another daily lower low on our current candle. Bulls should be worried that the area in the ellipse is an expanded flat and, if so, would imply further downside is ahead.
Hello traders, Wave B has probably ended at 2417.94 zone. Wave C is aimed at getting to 2328.00 zone. Thanks.
I recently Shared NearBTC and gave you some short term targets for Near. In a few week Near will climb through 16 to 20. According to Elliot waves theory, Near has finished its own corrective move. It's time for a bull run now. Targets specified on the chart before this post. Main target 16. Good Luck To Us All.
Here is yet another Bullish Chart of LTC this time i'd like to point focus on a huge Cup with Handle i just discovered while looking on the higher timeframes. We haven't broken out of the handle yet but if we do out next target based off the measured move should take us to $9,493
Expecting 1 final impulse move up (Wave 5), which'll be fuelled by new buyers getting into the market for the BTC halving. This'll push BTC up anywhere between $77,000 - $84,000 which I'll be targeting. ⭕️Wave 4 Correction Complete, Wave 5 Pending. ⭕️3 Sub-Waves (A,B,C) Complete. ⭕️BTC Halving Enticing Retail Buyers. Invalidation zone below Wave 4.
BITSTAMP:BTCUSD I would likely get dislikes for even saying this, but I will be keeping an eye on this if this actually become wave 5 down once again under 60k.. then we may have a possibility of 55-50 range as bears wants. Disclosure: 4HR wave still points 68k though which will invalidate this pattern anyhow
Hi traders, we can see the structure of EG rallied upwards from a demand area where it rejected off well. It continued bullish with a HH & HL structure which might tend to continue. At the current level I expect to get continuous rejections to confirm the LONG trade. Don't rush into impulsive trades, wait for price to come at significant/psychological level in...
Hello,Traders! USD-CHF is trading in a Rising channel and the pair Made a rebound from the Rising support line and Went up so we will be Expecting a further Move up inside the channel Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
China's central bank has stepped up measures to support markets. The company has the most ambitious plan for new models, with five new autos to be launched in 2024, four of which are planned to be all-electric.Entering the BEV segment provides an excellent opportunity to capture the market. tp1 42 tp2 62
Zoom Finale of a long accumulation. Entry impulse and correction. tp1 95 tp2 122
Ethereum Name Service (ENS) is a decentralized naming system on the Ethereum blockchain, converting human-readable names like john.eth into machine-readable Ethereum addresses. It also allows the reverse, associating metadata and machine-readable addresses with human-readable Ethereum names. I believe that the macro price action on ENS targets a new all time...