On May 20, 2024, just nine days away, we will reach the "Spring Equinox" point in the cycle of Bitcoin halvings. This point is defined by the intersection of the multi-year power law trend (the thick yellow line) with the wave of decaying harmonic price oscillations (the thin lavender wave), which correlates with the four-year cycles of halving events. For...
🤷♂️Unfortunately, yesterday we did not continue the upward momentum but chose to continue the decline.📉 🧠From the perspective of wave theory, we have the opportunity to form a standard wolf wave, and wave 5 may end when it falls below the inflection point, so it is worth paying attention to the timing of the rebound here. ➡️From a structural point of view, we...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about MBOX MBOX THE Symmetrical triangle Breakout Has Already done in 6H time frame ✅ Retesting in process ✍️ Expecting Massive Bullish Wave 🚀
Forecast for CRYPTOCAP:ETH : The wave movement of CRYPTOCAP:ETH is very clear on the daily timeframe, with a zigzag correction wave countering the impulsive increase from $2200 to $4100. It's almost similar to BTC's impulsive increase being responded to with zigzag correction waves. Let's do something: the perfect dip area is $2400 on the first touch, but...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about UMA UMA THE Bullish pennant Breakout has already Confirmed in 1D Timeframe ✅ Expecting 60-70%Bullish wave 🚀
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about HIVE HIVE THE Falling wedge pattern Breakout Has Already Done in 6H Timeframe ✅ Expecting 30% Bullish wave🚀📈
BONK2SOL is currently trading above the log scale high to low 0.236 and the linear scale 0.618 Fibonacci Zones which happen to be confluent with one another, in addition to that the 21-Day SMA has come in at these zones and also seems to be adding a bit of support here. If BONK2SOL can hold these levels, I'd picture it as some sorta Bullish Consolidation that...
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
Hello,Friends! EUR/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Hello,Friends! We are now examining the AUD/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 102.284 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello. As you can see, Bitcoin failed to break the Ascending triangle in its last attempt, and now it is making a fourth downward wave based on Elliott , and than we have to wait for Bitcoin's rise. 👀To motivate me ,Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️ ⚠️Things can change... The markets are always changing and even with...
We are looking for sell/short positions in the supply range. The targets are marked on the chart. At the bottom of the chart we have a lot of IFC moves. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then...
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about QI QI Moving As Expected & Running In +20%Profit So Far✍️ Expecting 50% bullish wave in coming Day's 🚀
Here is our detailed technical review for GBPNZD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.079. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.076 level soon. P.S Overbought describes a period of...
Please, check our technical outlook for GOLD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 2372.191. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
Here is our detailed technical review for USDCHF. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.907. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.900 level. P.S We...
Eliott waves. Projection done on May 11th, 2024. Correction waves until 42-45k range, then impulse waves all the way up to 125-140k.