Very bullish price action in Waves with a nice big 3 candle bullish divergence formation on the weekly charts as shown
Over the last few months I've made several Bitcoin analyses where I discussed the Elliot waves pattern I discovered. To this day, my prediction of price movement is spot on. With this analysis I wanted to give you all an update on where we are and what we can expect. Below you find a couple of past analyses in chronological order. Assuming that BTC will...
In this analysis I want to take a look at a highly unexpected bullish outcome for the market: Bitcoin's 2022 bear market was nothing more than a corrective Elliot wave, and that we're about to see a new all-time high in the near future. Not sure when BTC will top or how high it will go, but 100k seems like a decent target for somewhere in 2024. I'm sure that...
Hello traders The trend is up and the price is falling with a correction, so we expect the upward trend to continue
Dear colleagues, the price is currently in a strong resistance area. I believe that the price will move up for a correction and reach the 50% Fibonacci retracement level (0.85952) Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dear colleagues, the price is in a downtrend. I anticipate that the price will reach the Low (1.31203) level, after which I will look for long positions! Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hello traders In the previous post, the matic shared an opportunity to sell at 4H POI Indeed, the price fell from it, but extracted the liquidity and continued to rise Now, if it breaks 0.6800 with the body of a candle, we will look for buying opportunities to target the Swing High
Hello traders We have an expanded flat correction Another wave of impulse began with increasing momentum This indicates that the price is heading to break the bottom
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Dear Traders, I regret to inform you that the last wave of #CHFJPY still needs to be completed. Based on my analysis, I expect this completion to occur around the range of 163.9 to 164.4. To mitigate potential risks, I highly recommend taking some hedge positions for your sell positions. It is advisable to allocate at least half of your lot size for these hedge...
Hello Traders In today's session, I watch gold for a buying opportunity, if it gets confirmation that the trade will be executed Target Buy side Liquidity
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the WAVES symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Nifty made new high as i said in my group on may 17, Now its time for a pullback. expecting it to hit 19087-103 It will become weak if it break 18592, targets on chart
WAVES saw a massive pump last week, which has been faded over the last few days. As seen on the chart, the 0.618 Fibonacci retracement seems to hold as support. The 0.618 Fibonacci retracement is often a very interesting area where buyers tend to put their orders after a big pump. Stop under the recent low, target at the most recent local top.
Chart Analysis: WAVES bulls are aggressively preparing for another bear knockout after retesting the current breakout. We anticipate longing this retest up to $3. Once this level is achieved, the bulls are expected to react, and the upward move is likely to continue. This provides us with a better entry opportunity and a stop level to add to our trades...
Dear colleagues, the price is currently within a triangle pattern. At the moment, I anticipate that the price will complete wave 5 and break out of the triangle boundary, reaching the swing area. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Recently I've gotten a more bearish outlook on the markets. BTC keeps selling off due to bad macro news, which makes it less likely that we see another pump in the near future. On the other hand, BTC has seemingly bounced from the exact area that I expected a bounce from in my Elliot Waves analyses before. Not sure how likely it is at this point in time that...