ProficientForex

ProficientForex

From the Bitcoin family, Litecoin is a digital asset token of the Litecoin network that can surprise everyone. My only complaint is that I own the least of this token. In the weekly chart, and according to the wave counting, the price is in the 5th wave of the uptrend, according to the Fibonacci ratio in wave 5, this uptrend can be extended up to the target of $...

ProficientForex

There is the probability for the completion of the first 5 ascending wave of 1 / A (Weekly Chart ) In the weekly chart, we had this wave counting, this uptrend is likely in the wave 5 from point of 1 / A. ( Daily Chart ) In the daily chart, with the end of wave 4 in the range of 18213.70, the 5th wave has started, currently the price is in the sub-waves of the...

ProficientForex

In the iv wave, a Diagonal pattern is formed, by crossing the price from the range of 0.5248, we can be hopeful for the advent of an uptrend. This pattern is in the C wave from iv point

ProficientForex

In weekly chart, the wave of 2 / B has ended in the range of 94.11, the price is currently in wave 3 from point 3 / C. ( Weekly Chart ) In sub- waves of wave 3, the wave 2 is completed with a Diagonal pattern in the range of 114.39. In the daily chart, with the completion of wave 2 in the range of 114.39, the first ascending wave in 3 is ended in the range of...

ProficientForex

An uptrend that starts at $ 1764 and ends at $ 1875 can be a 5-wave movement. The price is currently in the corrective phase of this trend, which can be extended up to $ 1805. The main confirmation for the uptrend will be received when the price crossing the range of $ 1965

ProficientForex

In the 240-minute chart, the first 5 waves are formed in 5th Wave, which has ended in the range of $ 19411. After a short retracement movement, the price can enter an uptrend and cross its highest historical level. As previously described, the 4th Wave is finished around $ 17,572 with Double Zigzag pattern.

ProficientForex

There is the possibility that the IV wave ended in the range of 0.4560, and the price of the first uptrend finished in the range of 0.6813, also it seems the corrective movement ended in the range of 0.4850 with the Diagonal pattern. The confirmation of this scenario will be received when the price crossing the 0.6052 range. If the price crosses the range of...

ProficientForex

There is an interesting convergence in the 240-minute chart in which there is a possibility of formation of a diagonal pattern. Long term analysis is also offered, but it should be reviewed twice. For this pattern, if the price can cross the range of 29868, a downward trend will be confirmed, and in case the price breaks the range of 30318, an upward trend will be...

ProficientForex

There is no doubt of the uptrend formation for this currency, the initial target will be around $ 1.50. Currently the price is forming a Triangle in wave iv from point 3. The uptrend will begin, by the completion of this pattern.

ProficientForex

In the weekly chart, the 5th wave of the Diagonal pattern is not completed yet, the B wave from this point is completed in the range of 156.11. In C wave there is a possibility that a Diagonal pattern is formed, which we are currently in C wave from point 3 of this pattern ( Weekly Chart ) In the daily chart Wave 2 of the Diagonal pattern is in the form of...

ProficientForex

In the daily chart, there is no doubt for the targets of $ 21,500 to $ 23,000 in this uptrend, and after the completion of this corrective movement, this uptrend will begin. in the 240-minute chart for a few days, there was the probability of the triangle pattern formation due to the wave structure of the sides. Currently, according to the 60-minute chart, there...

ProficientForex

The analysis of this currency was very mixed at first, by referring to the monthly and weekly time frame. In the monthly chart, the price is forming the Diagonal pattern in the 5th wave. the weekly chart shows the structure of the waves, which shows that the price is in the B wave from the V point. We knew that the specified movement in the blue box was corrective...

ProficientForex

In the 240-minute chart, it is clear that we are in the 4th wave from point 5, which is in the form of a Triangle, by crossing the price from the range of $ 19443, we can be hopeful to continue the uptrend up to the initial range of $ 21,000. Previously, the 5th wave of Bitcoin was the longest wave, so it is not far-fetched to see the price of $ 22,500 for the 5th Wave

ProficientForex

“iii “Wave is completed with the Ending Diagonal pattern in the range of 1.3539 and the corrective movement of wave iv is completed in the range of 1.3223. By crossing the price from range of 1.3437, we can be hopeful to continue the uptrend in the v-wave from the 5th point, with the targets of 1.3946.

ProficientForex

In the 240-minute chart, with the price increase, we should consider the end of the downtrend in the range of $ 1764. If the price can cross the range of $ 1898, the first confirmation will be received. In order to get the main confirmation for the advent of the V wave, the price must cross the range of 1965.55, with 5 ascending waves.

ProficientForex

In the weekly chart, with 5 ascending waves the price has been able to reach the range of 103.82, and the corrective phase has started from this stage, as the A wave – was the first corrective wave - in the form of 5 waves, consequently the C wave should also be in the format of 5 waves and in comparison to “A “wave, can be extended its movement up to 100% or...

ProficientForex

To analyze this coin in the 10-days chart, I put the chart in a logarithmic mode. In this chart, it is quite clear that the price has reached the range of $ 3.317 with 5 ascending waves, of which the first 5 ascending waves are over. ( 10 Days Chart ) Given this and by monitoring the existed complex corrective movement, we can predict another 5-uptrend in the 3 /...

ProficientForex

In the 240-minute chart, we have 5 descending waves, which have ended in the range of 79.09, in continuation, the correction of this downtrend is in the form of Double Zigzag, which has reached the range of $ 153.91. The Diagonal pattern has been formed in this range, of which the targets can be 128.60 and then $ 117.25. In case the visualization of this analysis...