I also expect a drop in the price of wave 2. Then we can expect the beginning of the rising price wave.
WAVES broke the longterm trendline. After being consolidated above this trendline, WAVES seems bouncing soon. It's likely that a H&S pattern is going to be formed. With this scenario, I think that WAVEs would make 50% profit from here. The referenced TP is the MA 200D level and the SL should be below EMA 50D.
📍 Bitcoin can run in two possible ways. » First: From 24700 the price can go down to 17000 and later we can see a big wave bull from here. » Secondly, from around 26000 or 27860, the price may go up to 15890 and then from here the price may move above 46000 in April or July this year. If you like us idea💡, so pls support us ☺️
Waves might be looking pretty close to an area of resistance here, but you got to bear in mind that's a gain of over 20% before we get there! After bouncing off support @ 106 at the bottom edge of the descending channel we've returned with enough strength to push through the top edge of the channel! Can we push a bit further to the next layer of resistance?...
Hello Traders, Here is the continued analysis of US30. As you can see, since wave 3 is the longest/ strongest, then we can project that wave 4 must be tested according to Elliot Wave Theory
Hello Traders, Here is an analysis of US30 which I think it will become. Daily bias still downtrend to test significant low of Wave 4 higher degree
Shows the the last 5 wave up moves for comparison!
A clear title that describes my idea TA BLABLA further research 9
Hello, traders We have a bullish impulse wave and a correction, we expect another impulse wave
We see Hourly down wedge, which likely will break upside, confirming 4H orange channel We enter only with stop order- retest. Position details shown in image. Happy trading All
Stop loss at break 2-4 trend line.... Target 🎯 will be ...1: 2 ratio.....
Hi everyone. I am posting after a long time. For over a week, BTC has not given a clear direction to go long or short. But six hours ago there was a chart pattern that started showing up to me moving, which is a corrective wave consisting of a running flat of 3-3-5. From a running flat perspective, we will continue to maintain an upside view until the price...
Hello traders We have a bullish wave and a correction, we expect another bullish wave
Hello, traders The trend is bullish and the momentum is still there, so we expect the bullish trend to continue
TRX Breaking Out the Triangle which is the 4th Wave. Projection based on 0.618% fib extension.
Nice weekend. As usually, same chart with better Head & Shoulders variation at daily chart. + Wall St. cheat sheet explanation added. Everyone would consider what is the reality of market state and global economy. I have my own contrary vision and opinions. Your favourite indicators ( RSI,MACD) seems in bad shapes. And now, look on Death Cross around number...
Finally we got result from waves :). Take profit from the area that I mentioned. And if u dont want to hold the position u can close it around 3.40. But my suggestion is take profit and put stop on entry. We got around %30 from waves :)
Hello traders Buyers break the downtrend with strong momentum It may be the beginning of a new trend